Wife wants a Second job

Minibiker · 13 May 2017 at 08:54

Hi all

My wife is currently working weekends in Retail,

We are a young couple with a 15 month old son so we need more money as I'm the only one working full time Monday-Friday (nights) My wife Is thinking about going back to her old job in a nursery as supply staff..

The question I need to ask is,

Will she need to let her current employer know she will have this second job even though it will not clash with her current hours because that's Saturday and Sunday....

Also at what salary do you start paying tax?

Her current employer pays cash in hand...

Thank you

tom_e · 13 May 2017 at 09:19

No they don't need to know. The standard tax free allowance is £11500.

Minibiker · 13 May 2017 at 09:26

tom_e said:
No they don't need to know. The standard tax free allowance is £11500.

Thank you mate, Great help

Slam62 · 13 May 2017 at 09:28

Cash in hand probably means you should be filling in a tax self assessment form or something.

Minibiker · 13 May 2017 at 09:50

Slam62 said:
Cash in hand probably means you should be filling in a tax self assessment form or something.

Her current boss works out the tax then pays her whatever it is afterwards if that's what you mean

Semple · 13 May 2017 at 09:53

If she gets a payslip which details the deductions, then i guess it doesn't matter if you're paid in cash, or direct bank transfer.

Steeps · 13 May 2017 at 09:54

The hours are probably too low in the weekend work to really matter, but even with cash in hand you should be getting a payslip then a summary from HMRC at the end of each tax year. If you're not getting any of these then I'd be very careful.

Minibiker · 13 May 2017 at 09:57

Semple said:
If she gets a payslip which details the deductions, then i guess it doesn't matter if you're paid in cash, or direct bank transfer.

Steeps said:
The hours are probably too low in the weekend work to really matter, but even with cash in hand you should be getting a payslip then a summary from HMRC at the end of each tax year. If you're not getting any of these then I'd be very careful.

Yeah she gets a payslip every week with all the correct deductions and details on, Will it not matter that she is working 2 jobs... ive heard people say in the past that they owe the tax people money because of working 2 jobs

Buffman · 13 May 2017 at 10:21

The number of jobs won't matter, just the 11.5k limit

(ie you don't pay more tax on 2x20k jobs than 1x40k job - for standard PAYE)

pepp77 · 13 May 2017 at 10:23

The number of jobs you do is not relevant to the taxman just the total amount you earn. As long as all the relevant information is provided to the relevant people.

Have a read - https://www.moneyadviceservice.org.uk/en/articles/pay-and-tax-when-working-in-more-than-one-job

Minibiker · 13 May 2017 at 10:57

The Craig said:
The number of jobs won't matter, just the 11.5k limit

(ie you don't pay more tax on 2x20k jobs than 1x40k job - for standard PAYE)

pepp77 said:
The number of jobs you do is not relevant to the taxman just the total amount you earn. As long as all the relevant information is provided to the relevant people.

Have a read - https://www.moneyadviceservice.org.uk/en/articles/pay-and-tax-when-working-in-more-than-one-job

Thanks for all your help guys.. I wasn't to sure if the taxman took more money because you work more job... at least we both now know it starts from 11.5k

tres · 13 May 2017 at 12:34

The Craig said:
The number of jobs won't matter, just the 11.5k limit

(ie you don't pay more tax on 2x20k jobs than 1x40k job - for standard PAYE)

I thought you did in the short term - second job will be taxed as BR, and then you'll get the appropriate rebate at the end of the financial year?

john_s · 13 May 2017 at 13:08

tres said:
I thought you did in the short term - second job will be taxed as BR, and then you'll get the appropriate rebate at the end of the financial year?

I think you can ask HMRC to split your allowance between jobs so that you don't end up overpaying. So for example instead of a 1150L (or whatever the standard tax code is these days), you could have 600L and 650L tax codes for two jobs.

fastwunz · 14 May 2017 at 14:09

I'm 35 and graduated 9 years ago with a building surveying degree. I'm married, my wife is a lawyer and we have a 17month old bundle of awesomeness.

I fell into my current role when I left uni and given the pay have stuck with it but, recently I took stock. I work 10-11 hours every day and 7 hours every single Saturday. I hate it. It's way too customer focussed.

So, I'm going back to use my degree and have recently applied for several jobs. Problem with my degree however is that you have no choice but to start at the bottom with any employer and get through 9-12 months training before you get RICS accredited and onto seriously better money.

So in about 3 months I'll be happily handing in my notice and following a career path that should transform my life for the better but it's taken me nearly ten years to build up the courage.

However whilst at my new company and training, I'll likely take on a cleaning job or something for the evenings to top up the awful initial wage. Guess I'll have to tell the tax man!

I live in Surrey so sadly two wages are definitely needed!

Psycho Sonny · 15 May 2017 at 14:11

oh btw

You pay National Insurance contributions to qualify for certain benefits including the State Pension. You pay National Insurance if you're 16 or over and either: an employee earning above £157 a week.

so if you earn over £8164 a year you should be paying national insurance.

also cash in hand in this day and age is most likely dodgy. it's so much easier to do it electronically for audit purposes, etc.

i'd go online and look at your wifes personal tax account. all you need is some basic stuff like her national insurance number, etc to do this. this will show you her tax free income, etc as well as her salary taken into account for tax purposes. company pensions payments are deductable from this amount

if it is dodgy cash in hand then your wife is potentially losing out in the long run when it comes to her pension. which would be a stupid thing to do as the type of people who benefit from cash in hand in the long run are those earn substantial sums from it tax free but she should be earning her money tax free anyway with so little hours.

Minibiker · 15 May 2017 at 15:37

Psycho Sonny said:
oh btw

You pay National Insurance contributions to qualify for certain benefits including the State Pension. You pay National Insurance if you're 16 or over and either: an employee earning above £157 a week.

so if you earn over £8164 a year you should be paying national insurance.

also cash in hand in this day and age is most likely dodgy. it's so much easier to do it electronically for audit purposes, etc.

i'd go online and look at your wifes personal tax account. all you need is some basic stuff like her national insurance number, etc to do this. this will show you her tax free income, etc as well as her salary taken into account for tax purposes. company pensions payments are deductable from this amount

if it is dodgy cash in hand then your wife is potentially losing out in the long run when it comes to her pension. which would be a stupid thing to do as the type of people who benefit from cash in hand in the long run are those earn substantial sums from it tax free but she should be earning her money tax free anyway with so little hours.

This is brilliant help mate I will get straight on that and find out what she should be getting with her tax free income... I know it's not a lot of money she earns but it seems to me a bit different how it's not all done through the payroll electronically into the bank...

Psycho Sonny · 15 May 2017 at 15:48

Minibiker said:
This is brilliant help mate I will get straight on that and find out what she should be getting with her tax free income... I know it's not a lot of money she earns but it seems to me a bit different how it's not all done through the payroll electronically into the bank...

HMRC have an app as well but it's not as easy to use as the website IMO. much more clearer on the website. everyone should sign up for a personal tax account on HMRC website as it's the future everything is moving that way. tax credits, self assessment, everything will be on there within time. best to sign up now and keep up to date.

i like to use the app so it can show me exactly what my taxable income is. how much tax and nic I am paying, it's all broken down too. my salary doesn't match payslips because pension payments are tax deductible so my salary on the app is quite a bit lower than my real salary but i never see that money anyway as it goes straight into a pension so it's more indiciative of a real world salary.

e.g. if you earn £30K a year on the app it may only show £27K a year as you pay £3k a year into your companies pension plan.

Minibiker · 15 May 2017 at 15:57

Psycho Sonny said:
HMRC have an app as well but it's not as easy to use as the website IMO. much more clearer on the website. everyone should sign up for a personal tax account on HMRC website as it's the future everything is moving that way. tax credits, self assessment, everything will be on there within time. best to sign up now and keep up to date.

i like to use the app so it can show me exactly what my taxable income is. how much tax and nic I am paying, it's all broken down too. my salary doesn't match payslips because pension payments are tax deductible so my salary on the app is quite a bit lower than my real salary but i never see that money anyway as it goes straight into a pension so it's more indiciative of a real world salary.

e.g. if you earn £30K a year on the app it may only show £27K a year as you pay £3k a year into your companies pension plan.

I shall go on the website and sign up... will be good to see a breakdown of where my money goes...