Emergency tax rate UK?

In the UK you have 4 tax bands. 1) tax free allowance - this is where your tax code comes in for 2007-2008 its 522L which means that if all your income from all your jobs is under £5225.00 you do not pay tax. 2) 10% - any income between £5225.00 and £7455 you will be charged at 10% therefore if your total income was £6500.00 the calc would be (£6500-£5225)*10% = £127.5 for the year. 3) 22% - any income between £7455 and £34600 would be charged at 22% therefore if your total income was £15000.00 the calc would be (£15000-£7455)*22% +(£7455-£5225)*10% = £1659.9 + £223 = £1882.9 for the year. 4) 40% - any income over £34600 would be charged at 40%therefore if your total income was £45000 the calc would be (£45000-£34600)*40% + (£34600-£7455)*22% +(£7455-£5225)*10% = £4160 + £5971.9+ £223 = £10354.9 for the year. Now where your second job comes into the equation is this, the above calculations are on total income and you can only use the tax free allowance once, the 10% band once, the 22% band once and so on. So if you are earning more than £7455.00 in your first job you have already used your tax free allowance and 10% band up, and so long as your income from the second job does not take you over the £34600 threshold your second employer is bound to charge you at the 22% level. It has nothing to do with the number of hours worked. Just on the amount of total income from all your jobs. If you start another job your new empolyer has to be told that you already have a job as you would not be able to give him/her/them a P45. You would then complete a P46. It is in your best interest to have the employer that pays you the most as your main employer, and if this is your second job you need to get things moved around and your new employer should be able to do this for you. At the end of the day you do not pay more tax than you should. But even if a mistake has been made once you have all the P60's from all your employers you can always go to your local tax office to get things checked, and if you have overpaid you will get a rebate.

your money is taxed in full without allowances of any sort and if you have paid too much then you will get it back either through your employer when they have your tax details (hopefully quite swiftly) or through the tax office and then you have to phone up and pester on a regular basis til you get it good luck