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part time commission salesman - tax implications

  • 16-06-2009 1:05pm
    #1
    cantdecide
    Registered Users, Registered Users 2 Posts: 11,465 ✭✭✭✭


    I have a friend who was let go from his fitting job in glazing but he got a job elsewhere as a full time commission window salesman. A month later he was offered a full time job with An Post and he wanted to keep up the sales job on a more part time basis as the other job finishes at noon.

    Even though it suited the company that he could cut down his quantity of leads, when he brought the suggestion to his boss, he was told more or less to forget it as for tax reasons, it wouldn't be worth his while...

    What would he have to consider in order to keep up the part time sales job? I would think that it shouldn't be that hard to work two jobs:confused:


Comments

  • #2
    Barracudaincork
    Closed Accounts Posts: 773 ✭✭✭Barracudaincork


    Id say the bosses comment is flipant and he didnt mean it literally.

    I assume that he thinks or knows that your friend is a standard rate tax payer 20% and using all of his tax credits and standard rate cut off in his current job and therefore this additional income would all be taxed at 41%. Then of course there is the additional Income Levy and PRSI that is payable on this income too.


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