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  • RE: Part time second job tax

    Sorry if this has been answered already on this post... I have a main job earning £52,500 but pay my pension by salary sacrifice so taxable income is £48,300 and therefore I pay basic rate tax. I also have a second job which is not regular as i work as and when is needed. Last year from this job i earned c. £1,800 so still within basic rate tax if i earn the same again this year from that job. The second job is on tax code BR. What i am unsure about is....if in December when my main job declares bonuses, if i am lucky enough to get a bonus, this will push me into high rate tax bracket at 40% but that will only be the case if i get a bonus, or if i don't get a bonus but end up working more hours than i have previously in the second job. As i won't know until December at the earliest if i am likely to breach the high rate tax threshold, what tax code do i tell the second job to use? Do they continue using BR until i know i have breached the threshold and then use D0 or do i wait until the end of the tax year then get a bill for tax owed or an adjusted tax code or my main job for the following tax year. Not sure what to do as I don't want to get a bill at the end of the year for tax owed but also don't know at this point if I will breach the high rate tax threshold and don't wan to be paying more tax than is necessary now.