Earning under £100 to avoid tax

Scroll to see replies

EEEGUY

you will get taxed though, from you earn a penny you get taxed the bottom rate of income tax, then you get it back in a rebate.

So aiming to earn less than a certain amount is pointless, as it makes no difference

What you say must be wrong? I thought if you earn a certain amount you won't get taxed (£104), so your saying you earn 1p, you'll get taxed on that 1p?

Reply 21

$loth

user_01332

Your tax is worked out on a yearly basis. if you earn £1000 in 1 week but that’s all your earn in the whole year you will get the tax back that you have paid.

True, but would you not get NI on that £1000? Which you can't claim back, i'm assuming that there is a threshold similar to the £5435 for tax with NI.

Reply 22

EEEGUY

You get like 5 and a bit grand tax free, but when you start earning you get taxed straight away the details are sorted out later, and then you get your tax (from the tax free 5k) back.

Ive had a number of jobs in my time and Ive always been taxed, unless Ive filled out a special form.

Also just incase the OP doesnt know, you'll have National Insurance and Income tax off your first pay cheque.

The N.I you dont get back.

Reply 23

Cj-Tj

EEEGUY

You dont get NI back, but if you fill in the right form to start with, (P46S (I thunked?)) then you wont pay tax at all until your over £5400. Ive had 3 jobs and non have charged me tax ever.

Reply 24

EEEGUY

You'll still be taxed National Insurance if you fill out a P46, you just dont pay Income tax.

Reply 25

Flossy_

this confuses me too..

i only work sundays and last month i got paid 101.31, and then got a reduction of 20.20 but it doesnt say what for :s-smilie:

so then i ended up with 81.11.

is that right? my tax code is basic rate, but that still seems alot for earning so little..

Reply 26

Honeypepper

Get a job where u get paid cash in hand. i work as a waitress for a large chain, i think think i get taxed, and also i get tips ion top of it! its the best way reallyl ol. x