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(UK) I have 2 employers, 2 jobs, I'm going to get taxed, I recieved a p46 from my new employer, is this right? |
(UK) I have 2 employers, 2 jobs, I'm going to get taxed, I recieved a p46 from my new employer, is this right? yes you need a P46 for the tax office to sort out your tax code.. you use a P46 if you cant supply a P46 it help with end of year P60 calcuations.. have a look on the inland revenue website they may have some information helpful to you. yes...? You should fill in a P46 for your main job, i.e. the one that generates the most income. For that job you will receive a tax code and a tax allowance. The other job will be taxed at basic rate with no allowances. If you have a P45 from a previous employment you should give your main employer that instead of a P46. Perhaps your new employer doesn't know that you've got another job. If you don't want him to know then tear the form up. yes this is correct. the P46 form is used when you dont have a P45 from a previous job, The P46 also allows you to notify the Inland Revenue whether the new job is you only employment. |
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