working in two places

[kalechor]

Hi you all wonderfull people, thank you for guiding me through all your valuable suggestion..

i have got a query today about my taxation.

currently i am working in departmental store as a full time, but got the job offer in my own field, now decided to work saturday sunday in departmental store as part time and would like to do monday to friday in my own field..

My question is:

do i have to tell HMRC that my first job will be mon-friday one and the second will be sat-sun one?

 

when i got the new job offer, they did gave me hmrc form to tick in and i intentionally ticked " this is my only job", cos simply i dont want them to decline the job offer looking at the tick "this is my second job "

now i am in dilemma what to do

 

please shade some light

thank you

[renegadeimp]

You MUST be truthful about your employment as they can check up on it themselves if they wish. Your 2nd job will normally be taxed at basic rate.

 

If you made a mistake on the forms, give them a call and have it changed. If they discover the error themselves, you could be liable for repaying the missed tax, and/or be liable for a fine.

[kalechor]

thank you renegadeimp

[Gbarbm]

The P46 you completed incorrectly by stating, this is my only or main job when you should have ticked I receive income from another job as well as this one means the code operating against your mon to fri job will be incorrect.

You are entitled to only one personal tax allowance and because of your "error" you will have had one against each job, this means you will have an underpayment of tax at the end of the tax year.

My advice would be to ring HMRC and tell them you filled the form in incorrectly. They will arrange for a correct code number to be issued (code BR, basic rate @ 20%which means that for every pound earned, 20p is taken off in tax)