Self-employed with a second PAYE job so have no P45 to give new employer - KamilTaylan.blog
11 June 2022 23:09

Self-employed with a second PAYE job so have no P45 to give new employer

What happens if I don’t have a P45?

If you don’t have a P45 to give to a new employer, the new employer should ask you to complete a starter checklist. If they don’t, print one off, complete it and give it to your new employer anyway. The phrase P46 is still sometimes used to refer to the starter checklist.

Can you have 2 PAYE jobs UK?

Your tax situation if you have more than one job

Problems can arise because the PAYE (Pay As You Earn) system does not easily cater for multiple jobs. You only have one tax free personal allowance per tax year and the number of jobs you have does not affect this.

Do you have to declare a second job to your employer UK?

While employees do not have a legal obligation to disclose any other employment to their employers, many employers will restrict you from working elsewhere via a clause in your contract of employment.

Do I need a P45 for a second job?

You will not have a P45 to provide your secondary employers as you have not left your first job. You will instead need to complete a P46 form when you start your secondary job and this is usually provided by the employers.

Do you need a P45 if you are self employed?

If you have no P45, perhaps because you were on a career break or self-employed before you started employment, then the employer should use a Starter Checklist to work out what tax code to use. (Under RTI, the Starter Checklist replaces form P46).

How do you let HMRC know you have a second job?

Your second job should have a BR, D0 or D1 tax code, depending on whether or not it’s taxed at the basic, higher or additional rate. You can find your tax code on your payslips. You can tell HMRC about starting a second job using the new starter checklist from your new employer.

How much tax do I pay on a second job self-employed?

Working more than one job at the same time

Normally your employer at the second job will have to take basic rate tax at 20% from all of your wages.