work at tesco,wana second partime job,will the tax be alot more?

Question

i work part time at tesco but X'mas coming and i want to earn extra money, a local puc offer me few more extra hours,im very exciting but people told me the tax will be so much more with the second job..i really confuse..can u help me? r u the same boat with me? thanks so much!

Answer 1

Your tax free allowance would probably be offset against your Tesco job, so you would seem to pay more tax, proportionately, on the second job; but, it would be no more in terms of cash paid than if you earned the same extra amount working more hours at your Tesco job.

Answer 2

You will be on emergency tax with your second job, however when the financial year ends you can claim back any extra tax paid after the two salaries are combined.
The tax is too complicated for me but when I had two jobs I was never over taxed as I got a tax rebate without even claiming for one. Check out the inland revenue website.
It's got more information than I can give you.

Answer 3

What ever you earn you will pay tax on. You can have two jobs, where you earn say.. £ 100.00.p.w. at one job and another job where you earn £.50.00.You will pay tax and insurance on both pay packets, So you will pay the equivalent tax on £150.00. p.w. However, if you are a student or you work less than fifty out of fifty two weeks a year,you can claim back the tax you have been charged. Everything depends on your tax code number, that determines the rate at which you pay tax,and the amount of money you are allowed personally free of tax.Contact your local tax office for information.

Answer 4

Generally speaking, the more you earn the more tax you pay but this doesn't mean you will be worse off. It is usually only a problem if you art receiving benefits which may be reduced or withdrawn if your earnings go over a certain limit.

Answer 5

Income tax is assessed against your total declared income. In other words the more WE earn the more WE have to pay. It is the same for us all.