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Doing 2 jobs - tax / legalities etc help please!

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Old 12 May 2004, 12:51 PM
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ADP
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Default Doing 2 jobs - tax / legalities etc help please!

Hi all

Im about to start a new job on Monday.

However my current employer is short staffed, 2 people just gone off long term sick(broken wrist and something else). So they asked if I fancied some work at the weekend??


Well yes I do, I need the cash and I can ofcourse do my old job easily!\

But where do I stand? Am I allowed to do this? How much will i get taxed etc etc etc...................

cheers


Andy
Old 12 May 2004, 12:53 PM
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ScoobyWon't
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Cash in hand
Old 12 May 2004, 12:54 PM
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fast bloke
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yes you are allowed to do it. You will get taxed as if it was a single income over the course of a year, so if you earn 20k in your main job and 5k doing weekends you will pay tax as you would on a single 25k salary. Payroll depts don't always get it right, so check your P60 carefully next May. Otherwise the IR will probably work out the correct figure in 2-3 years time and send you a bill or refund as appropriate
Old 12 May 2004, 12:55 PM
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Fatman
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You're only "allowed" if additional work is allowed by the contract of your new employer. You'll probably be registered for PAYE with them. If they're cool with your 'other' job, then you would *should* account for tax on those earnings through a self-assesment tax return.
Old 12 May 2004, 01:52 PM
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little miss fire
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Fast Bloke

You are right in what you are saying. I have 2 jobs, and my part time job is taxed ast Basic Rate tax (ie no tax free allowance). That way I have all my allowance in my main job, and don't have to worry about a tax payment or self assessment form!
Old 12 May 2004, 03:13 PM
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ADP
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ok thanks, seems the most important thing I need to do is check my new contract and OK it
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