Tax coding question with multiple jobs
Discussion
My son has just started work and has 3 jobs, may soon be 2. He got a letter from HMRC that shows his £12570 tax free allowance is split between the 3 jobs, eg.
Job 1 - £3600 - This is an accurate figure
Job 2 - £5726 - This is far too low, will be over £12k
Job 3 - £3244 - Far too high, will be maybe £1.5k
Am I right in thinking that even though the splits are wrong it will all work out in the end, even if he pays too much/little tax, or do I need to deal with HMRC and adjust things?
This may be simple but I've never had more than one job so is all new to me, these are all PAYE jobs.
Job 1 - £3600 - This is an accurate figure
Job 2 - £5726 - This is far too low, will be over £12k
Job 3 - £3244 - Far too high, will be maybe £1.5k
Am I right in thinking that even though the splits are wrong it will all work out in the end, even if he pays too much/little tax, or do I need to deal with HMRC and adjust things?
This may be simple but I've never had more than one job so is all new to me, these are all PAYE jobs.
Car bon said:
He can register for the government portal and access the HMRC pages, specifically PAYE and adjust their estimates. That will enable it to get sorted this (tax) year, otherwise he will likely pay too much tax and have to reclaim.
This.The wife has two zero hour jobs and uses the portal to adjust the estimates accordingly.
He is nowhere near self-assessment, will PAYE sort it out next year without claiming a refund? He lives at home and doesn't need any money so cash flow isn't a problem. I'm leaning towards doing nothing if I can get away with it, he is absolutely clueless so I would have to do everything for him.
cb31 said:
He is nowhere near self-assessment, will PAYE sort it out next year without claiming a refund? He lives at home and doesn't need any money so cash flow isn't a problem. I'm leaning towards doing nothing if I can get away with it, he is absolutely clueless so I would have to do everything for him.
yes it will sort itself out eventually - but logging in and changing the figures is easy - so i don’t understand why they wouldn’t do itBecause it has to be done from the taxpayer’s personal account rather than the employers.
On the plus side, he doesn’t depend entirely on one job so if one ends his earnings dip rather than cease whilst he finds another.
He’ll also pay less employers NI overall as it will be calculated separately by each employer.
I’m encouraging my 18 year old to do the same thing ie balance several jobs rather than relying on one when there is no firm commitment from them on how many shifts they want her to work, eg layer in an extra pub job with flexibility and balance them out.
On the plus side, he doesn’t depend entirely on one job so if one ends his earnings dip rather than cease whilst he finds another.
He’ll also pay less employers NI overall as it will be calculated separately by each employer.
I’m encouraging my 18 year old to do the same thing ie balance several jobs rather than relying on one when there is no firm commitment from them on how many shifts they want her to work, eg layer in an extra pub job with flexibility and balance them out.
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