Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    16
    ReputationRep:
    I have looked over the HMRC website and it is making little sense to me.

    I have to work over the summer months to afford to go to uni. I'm planning on starting two jobs this year simultaneously. In total, I will not get close to the annual minimum wage. My understanding is that in light of this, I could apply for a tax refund once I finish working, and have no tax on either job, as I'm still under the £10,000 personal allowance. But some people are telling me the second job will be taxed 20%.

    Is this true?

    Thanks
    • Community Assistant
    • CV Helper
    Offline

    19
    ReputationRep:
    Community Assistant
    CV Helper
    (Original post by spleenharvester)
    .........
    If you earn less than the tax threshold you won't pay tax, no matter how many jobs. However, the presumption the taxman makes when you start a job is that you will be earning over the tax threshold and taxes you unless told otherwise. Phone the tax office when you start the second job and they will sort it out. in my experience if you leave them to work it out themselves it will never happen.
    Offline

    18
    ReputationRep:
    (Original post by threeportdrift)
    If you earn less than the tax threshold you won't pay tax, no matter how many jobs. However, the presumption the taxman makes when you start a job is that you will be earning over the tax threshold and taxes you unless told otherwise. Phone the tax office when you start the second job and they will sort it out. in my experience if you leave them to work it out themselves it will never happen.
    This.

    If you call them you can have the tax code changed. If you don't speak to them your second job will be taxed at the emergency rate of 20%, but you will be able to get it back at the end of the tax year (or earlier if you claim it back).
    Offline

    19
    ReputationRep:
    (Original post by threeportdrift)
    If you earn less than the tax threshold you won't pay tax, no matter how many jobs. However, the presumption the taxman makes when you start a job is that you will be earning over the tax threshold and taxes you unless told otherwise. Phone the tax office when you start the second job and they will sort it out. in my experience if you leave them to work it out themselves it will never happen.
    This
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Would you rather give up salt or pepper?
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • 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.