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I know a second job gets taxed 22 per cent , does my Primary job (FULLTIME) get taxed anymore?


i am currently earning 35000 and tax code is 522L, my earnings after tax is 2213 , I wanted to take an evening job which will see me earn at least 500 a month after tax which is fine with me. I want to know if they will only tax the second wages or will the initial wages be taxes as well?

Ok primary job is 22% second job is 25%

Actually you are wrong, they are taxed the same which could be higher if you excede the tax treshold, a second job would appear to be taxed more anyway because your personal allowance would be taken up in your main job.

It's only the TOTAL earnings of both jobs which make the difference.

You are taxed on your whole earnings,not seperately.

The usual tax code for someone in this country on average wages is 474L (may be higher now) so you are allowed to earn 拢4740-00 before paying tax.

Anything over that is taxed at 22%,until you get into the higher bracket of earnings,which is very high,then you will pay 40% of anything you earn.

From what I remember......

Currently, on your salary of 拢35000, with a code of 522L, your tax should be

35000-5225=29775

2230@10%=223
27545@22%=6059.90

Total = 6282.90.

Assuming your second job is 拢12000, you have 4825 remining of the 22% band and the rest will be at 40%. So,

4825@22%=1061.50
7175@40%=2870

Total=3931.50 Overall tax for year=10214.40.

NO!.. Take a look at the Inland Revenue web site and you can find out exactly what your basic tax liabilities are (excluding tax on company cars etc etc). You pay tax on what you earn - you could have 20 jobs and it would make no difference.

Are you sure you are paying the right tax ? Have you claimed all your tax allowances and credits ? Be sure to pay the right amount of tax ! Your first job should always be taxed less because you have a tax free allowance each year (as do all taxpayers).

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