Technology1 min ago
Which should be my main job for tax perposes
2 Answers
I have a full time job and a part time job. But i make more money on my part time job than my full time job. Should i make my part time job my main job for tax perposes? i.e for lower tax?
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Best Answer
No best answer has yet been selected by fletch67. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.It won't matter if you earn more than your personal allowance in both jobs.
The standard personal allowance is �5439, which is tax code 543L (the last digit replaced by an "L"), so if your tax code is different, just replace the last letter with a "9" to find out your annual personal allowance.
If you earn at least this amount in both jobs, it won't matter which is treated as your main job. Otherwise, you should ensure your tax code is assigned to the higher paid job, and the other one will be assigned code BR.
The standard personal allowance is �5439, which is tax code 543L (the last digit replaced by an "L"), so if your tax code is different, just replace the last letter with a "9" to find out your annual personal allowance.
If you earn at least this amount in both jobs, it won't matter which is treated as your main job. Otherwise, you should ensure your tax code is assigned to the higher paid job, and the other one will be assigned code BR.
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