Groups

    How do taxes work?

    Say if I get a Saturday job and earn £48 a week, how much would get deducted in taxes. Living in inner London if that helps...

    34 Comments

    If that's all you're earning, you shouldn't pay any tax, you get a personal allowance that's more than that - it doesn't matter where you live!

    Original Poster

    amazing
    thanks, rep added

    twinks;2315048

    Nothing in taxes if thats all you earn :-)


    Whoops - need to type faster!

    Original Poster

    chrysha;2315056

    Whoops - need to type faster!



    still gave you rep for trying your best

    pikachu12;2315066

    still gave you rep for trying your best


    Thank you!

    careful of emergency tax tho

    Original Poster

    err whats emergency tax?

    if your employer has you on the books and dont have your correct taxcode they can tax you under the emergency code

    ive been at my job for 7 weeks and still being taxed at 22%

    Banned

    i thought that if your 16-18 you can work for 1000 hrs tax free??

    I dont know if I should be taxed or not.. Im 18 next month and have worked since I was 16, although Ive always been paid cash. Sometimes around £200

    Original Poster

    yeah, im 16, and if i get this job i'll be working 9 hours a week, was just wondering if i'd get all the money or if it would get deducted

    Banned

    pikachu12;2315167

    yeah, im 16, and if i get this job i'll be working 9 hours a week, was … yeah, im 16, and if i get this job i'll be working 9 hours a week, was just wondering if i'd get all the money or if it would get deducted



    You live in london , and only earning £48 a week lol god help you mate :-D

    There's always the Apprentice ...

    Original Poster

    Genious_Gamer360;2315172

    You live in london , and only earning £48 a week lol god help you mate :-D



    i still live with my mum
    and its better than £10 a week :-D

    lol, My mum charges me bloody rent!

    pikachu12;2315123

    err whats emergency tax?


    If your employers don't have your tax code, this is what they may charge you, but you will get it back!

    Original Poster

    ooh k, so how do i find out my tax code? (is it the same as my NI number?)

    Banned

    pikachu12;2315186

    i still live with my mumand its better than £10 a week :-D



    ???

    Original Poster

    Genious_Gamer360;2315223

    ???



    allowance

    allowance for doing what?

    Original Poster

    kippy;2315249

    allowance for doing what?



    err
    for doing well in my gcses?
    and the occasional hoovering

    edit: unless you're asking what i do with that money

    pikachu12;2315221

    ooh k, so how do i find out my tax code? (is it the same as my NI number?)


    Make sure you tell your new employer this is your only job and if they put you on an emergency tax code, contact your local tax office. It has nothing to do with your NI number!

    Original Poster

    chrysha;2315261

    Make sure you tell your new employer this is your only job and if they … Make sure you tell your new employer this is your only job and if they put you on an emergency tax code, contact your local tax office. It has nothing to do with your NI number!



    ok thanks for all your help :thumbsup:

    pikachu12;2315257

    errfor doing well in my gcses?and the occasional hooveringedit: unless … errfor doing well in my gcses?and the occasional hooveringedit: unless you're asking what i do with that money



    both but not that nosey on the 2nd one.
    was really only pulling yr leg (notice the smiley) re: job at home hehe.

    pikachu12;2315265

    ok thanks for all your help :thumbsup:


    Good luck with the job!

    wow you're getting about £5.30 an hour on your first job, 3 years ago I was getting £25 for working 8 hours in Walter Smiths! And they really bl**dy worked me! yucky raw meat everywhere!!

    wow good wages

    Like people have said you'll get taxed at first until the tax office know what tax you should be charged.
    My employer told me he would sort the forms and code out for me, but he never did.

    So after a couple of weeks I got a letter through confirming my tax band (which they'd got wrong as i shouldn't have been charged) so i just phoned them up and had it changed there and then.

    It's ace when you get the money you've been taxed back though, it was near xmas and I had a lump £300 going into my bank!! I was well chuffed!

    stratomaster;2315493

    Like people have said you'll get taxed at first until the tax office know … Like people have said you'll get taxed at first until the tax office know what tax you should be charged.My employer told me he would sort the forms and code out for me, but he never did.So after a couple of weeks I got a letter through confirming my tax band (which they'd got wrong as i shouldn't have been charged) so i just phoned them up and had it changed there and then.It's ace when you get the money you've been taxed back though, it was near xmas and I had a lump £300 going into my bank!! I was well chuffed!



    so i can ring my local tax office to sort it myself? - my employer dont seem to have a clue about it, do i have to claim it back of will it happen automatically?

    thank you :-D

    Once your new employer has received AND processed your P45, they will contact their local tax office (local to their HQ that is) and you should receive money in your salary the next payment afterwards.
    I rang my TO recently and HR too, and they said it will be sorted in my next (June) salary.
    Always worth a call yourself to TO and HR mind, never rely on folks to give you money back sooner

    In answer to the OP, you earn under the TAX freshold there is no reason why you should pay tax
    Use ]I-resign to calculate your wages, it's not 100% currently accurate, but within 2% or so, or] The salary calculator

    boydent999;2316185

    Once your new employer has received AND processed your P45, they will … Once your new employer has received AND processed your P45, they will contact their local tax office (local to their HQ that is) and you should receive money in your salary the next payment afterwards.I rang my TO recently and HR too, and they said it will be sorted in my next (June) salary.Always worth a call yourself to TO and HR mind, never rely on folks to give you money back soonerIn answer to the OP, you earn under the TAX freshold there is no reason why you should pay taxUse ]I-resign to calculate your wages, it's not 100% currently accurate, but within 2% or so, or] The salary calculator



    thank you :-D

    loupomm;2316213

    thank you :-D

    Wow, it's a long long time since i last saw someone type that to one of my replies......mind, you always do

    Original Poster

    got an interview for friday

    Taxes work by the government steal money off you for no reason and then give it to tony blair and gordon brown so they can buy a villa in itally
    Post a comment
    Avatar
    @
      Text
      Top Discussions
      1. Just heard this...2 ★★★★★★★★★★★★★★ congrats to all on 392k ★★★★★★★★★★★★★★7764618
      2. Surprise! The HUKD Summer Flamedeer Hunt 2017 **OFFICIAL THREAD** (trading …4041735
      3. Meerkat Movies (2 for 1 Cinema Codes) | Official Trading Thread418114165
      4. What is there free to do in your town?2036

      See more discussions