How You Are Taxed When You Have 2 Jobs | Ridgefield Consulting
Ridgefield Consulting's Accounting Advice
English - July 07, 2021 08:00 - 13 minutes - 9.37 MBBusiness accounting tax accountants oxford oxfordshire Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Welcome to Ridgefield Consulting’s podcast on how you are taxed when you have 2 jobs. We’ll be covering everything you need to know about how you will be taxed when you have more than one job.
It’s not uncommon for people to have more than one job at the same time. When this applies to you, it’s important to understand how you’re being taxed so that you can ensure you are not paying too little or too much tax. If you’re already employed by an employer, you should have been added onto their pay as you earn system, also known as PAYE through a new starter checklist. By doing this, it means that your employers become responsible for deducting the correct amount of income tax direct from your salary including National Insurance contributions and pension contributions when you’re automatically enrolled onto a workplace pension scheme.
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