why do we get taxed more when we have 2nd jobs?

Question

i currently have 2 jobs, but i get taxed so much on my 2nd job, its almost not worth me working a 2nd job,why do we get taxed so much on 2nd jobs? its like we get punished for it?

Answer 1

It's not "like" you get punished for it, it's you "are" punished for it.

By having a second job, you are then in a higher income level.

That "punishment" is that you get "hit" with bigger deductions as though you had that income as a regular job. (One job)

If you keep that second job "year round" then the deductions will reflect it fairly(er).

It is obvious that ALL deductions are "way out of line", because you must file an income tax return to get back what the gov STOLE from you, and just look at how much the gov WASTES on "USELESS expenses.

I beieve that there should be a flat tax, say 13% and a tax return is not required. This goes for all citizens, no return, no cheating, no phoney baloney, period.
;-)

Answer 2

2

Answer 3

Where do people get these ideas from?

You pay more tax when you earn more money. Surely that is obvious. The question of how many jobs you have does not enter into it.

Look, do a little experiment. Make a note of how much tax and national insurance you paid last year on your two jobs.

Now add the gross pay figures together and assume that you earned the same amount from just one job - your main employer.

Now use one of the many online calculators to work out how much tax and national insurance you would have paid on that salary.

Guess what. The income tax will be the same. But the national insurance will be higher unless you are already earning above the upper limit , when it will be the same.

So you get to keep a larger percentage of your pay if you have two jobs. How can you say you are being punished?

Answer 4

I also have two jobs and unfortunately you have to pay 22% tax on your second income. so £ 668/22=£146.96. I don't understand why you only paid £165. on the first job. over what period of time did you earn £6530.

Answer 5

You have likely moved into a different tax bracket, which allows the government to take more taxes. The key to keeping more of your money is to not work for someone else, but to have your own business. That way, you can deduct your business expenses form your business earnings BEFORE you pay any taxes. Or put the maximum allowable amount in a Registered Savings Plan (do you have those in the UK?) you won't pay taxes on those until you withdraw them in a low income year (sabbatical, travel, illness or retirement)

Answer 6

1

Answer 7

When you work two jobs you need to add both salaries together and work out the amount...it is higher in tax dollars...if you were paid at a lower rate over the amount of time of both jobs your tax dollars would be less...logistics and economics I guess...

Answer 8

B/c you're making more money and you're now in a higher tax bracket. The people who makes the same amount of money on one job pay the same amount of taxes of your two jobs.

The more money you make, the higher you pay in taxes. Hun, I will trade my tax bill for your bill any day. I make well over 6 figures and pay more taxes a year than most people make a year in income.

Answer 9

Get Cash Taking Surveys : http://OnlineSurveys.uzaev.com/?ucwF

Answer 10

Cuz the government only gives a crap about the wealthy. The wealthy sit on their butts all day long (cause they've been fortunate enough to come from weathly parents who've left them everything) and the (commoners---that would be me and you) go to work for 10-12 hrs a day, possibly go to another job after that so the government taxes the crap out of us cuz apparently we don't deserve what we work for, and when they take our taxes out of our DNA they give it to the rich so they can get more rich...dontcha know...