Turn on thread page Beta
    • Thread Starter
    Offline

    0
    ReputationRep:
    ive already got a weekend job but ive just finished college so ive got all summer doin nothin. i want another job as i cant really do extra hours with the job ive got. will i get taxed lots if i get another joba and keep the one ive already got? what bout temp work? do the same rules apply?
    Offline

    14
    ReputationRep:
    Depends on whether you're 18 or not and how much tax is taken off, this will be determined by your wage/salary.
    • Thread Starter
    Offline

    0
    ReputationRep:
    (Original post by Markus)
    Depends on whether you're 18 or not and how much tax is taken off, this will be determined by your wage/salary.
    im 18 and at the moment i get 5.70 an hour and i work 12 hours a week on average. the people at my work said students dont get taxed if they work over the summer (and do lots of hours) but does this apply if i have 2 jobs? im really stuck on what 2 do!
    Offline

    0
    ReputationRep:
    Why don't you google it? Try some official government sites- I'm sure you could email them for help.
    Offline

    1
    ReputationRep:
    You will still get taxed if you are a student and exceed the maximum untaxed earnings threshold (currently £4895). Once you go over that in a year (April to April) you will get charged 10% tax for the next £2020 then 22% tax for earnings upto £36295.

    If you are a student working only in the summer, and not expecting to earn more than your untaxed allowance (i.e. your annual income will not exceed £4895), then you are allowed to fill in a P38S form which will allow your employer to pay you without first deducting income tax. A copy of the form can be found here with the notes which corroborates what I've said above:

    http://www.hmrc.gov.uk/forms/p38s.pdf

    Additionally, if you earn over a certain amount (think it's £82/week but not quite sure how NI works) then you will still be charged National Insurance on what you are paid.
    Offline

    14
    ReputationRep:
    National Insurance is charged at 11% on all earnings above £82 per week and below £630 per week, and 1% on all earnings above £630. If you're paid monthly, it's the monthly equivalents.

    With regards to income tax, if you complete a P38(S) and then earn more than £4895 in the tax year, you must contact the Inland Revenue to tell them so the additional earnings can be taxed.
 
 
 

2,055

students online now

800,000+

Exam discussions

Find your exam discussion here

Poll
Should predicted grades be removed from the uni application process
Useful resources

Articles and guides:

Hands typing

Degrees without fees

Discover more about degree-level apprenticeships.

A-Z of careers Advice on choosing a careerCV writing helpCovering letter helpInterview tips

Featured recruiter profiles:

CGI logo

CGI is open for applications

"Offering a range of apprentice and sponsored degree positions."

Deutsche Bank logo

Deutsche Bank is recruiting

"Thrive in an international banking environment"

ICAEW logo

Merck

"Merck is a global leader in specialized pharma & chemicals – join us!"

Army logo

The Army is recruiting now

"With hundreds of roles available, there’s more than one way to be the best."

Bianca Miller, runner-up on The Apprentice

Handle your digital footprint

What would an employer find out about you on Google? Find out how to take control.

Quick links:

Unanswered career sector and employment threads

Groups associated with this forum:

View associated groups

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.