Help help With my jobs?

I do two jobs. I need help with my tax code BR W1 in one of my jobs.?

• Hi friends. I need help with something related with my taxes and I can't figure it out. Hope someone could be of any help! I do two jobs. A day job and a night one. In my day job I work 20 hours a week and on the night job I am contracted to 25 hours a week. Since the time I have started my night job (more than 8 weeks ago), I am being taxed with the code BR W1. On the beginning of this job, I gave my P60 from the day employer as well as filled in P46 given to me by them. The accountant of the night job company says that since I do two jobs, I will get paid with BR W1 as my tax code, which I personally don't agree with. Can any one tell me that am I being taxed correctly? And will I get a tax refund on any stage as generally BR tax code means that tax has been over paid? Also in BR W1, what does W1 stand for? Thanks in advance guys.

• Answer:

  In the UK, the tax year goes from 6th April to 5th April, and the current personal tax-free allowance is £6035. Would need to know the earnings at both jobs to give specific advice, but I am wondering why your code number at main job is only 522L, when most people have 603L. It may be that employer is out-of-date (that was the usual code for 2007/2008), or your code number may be restricted because benefits in employment at first job, or of second job being coded out. Where your earnings at second job are small, sometimes HMRC can arrange for second job wages to be paid gross, and any tax due collected at main job. If that were so, you shouldn't be taxed with code BR. Code BR is used at second job where earnings at main job exceed the £6035. P60 is of no use to employer, that relates to year now past, but form P46 at second job normally results in code BR, because you can't sign to say it is your only or main job. This is irrespective of earnings at main job. I think you should find out why your code number at main job is so low. If your main job earnings are more than the £6035, you probably will have to accept code BR at second job. You don't say why you don't agree with it. Overpayments only usually occur if this is used at main job. Contact tax office for main employer. Staff there will sort you out and explain, and will instruct tax office for second job if necessary. W1 means that the code number is operated on a week 1, rather than a cumulative basis. For Basic Rate, there is no difference, all deductions are at 20%.