two jobs and tax help, please advise

raemie24

Hi I contacted revenue as I'm a casual sub teacher but I work in a shop as well so I wanted to split my taxes as I don't want to lose my teaching pay as I make less than 200 in the shop and a lot more subbing but revenue asked for my pps and estimated earnings from both jobs, that's impossible with casual subbing as it could be 10 hours one week and none the next. Any advice on what to do, I basically don't want to lose all my teaching income to over tax

Gill_Murph

raemie24 wrote: »

Hi I contacted revenue as I'm a casual sub teacher but I work in a shop as well so I wanted to split my taxes as I don't want to lose my teaching pay as I make less than 200 in the shop and a lot more subbing but revenue asked for my pps and estimated earnings from both jobs, that's impossible with casual subbing as it could be 10 hours one week and none the next. Any advice on what to do, I basically don't want to lose all my teaching income to over tax

When I had to split my tax, like you, I didn't know how to answer the estimated earnings question either but I told them that I would earn more in one job over the other. So in your case just tell them you earn more money in your teaching job and they should divide the credits to suit that. Only thing with it is you will pay a lot of tax in your shop job! Damn Revenue!

raemie24

Gill_Murph wrote: »

When I had to split my tax, like you, I didn't know how to answer the estimated earnings question either but I told them that I would earn more in one job over the other. So in your case just tell them you earn more money in your teaching job and they should divide the credits to suit that. Only thing with it is you will pay a lot of tax in your shop job! Damn Revenue!

thanks for the reply, well my shop job only gets me about 150 every two week. But I don't get teaching every week, would I be taxed heavily on the 150 so?

spurious

raemie24 wrote: »

thanks for the reply, well my shop job only gets me about 150 every two week. But I don't get teaching every week, would I be taxed heavily on the 150 so?

Work out how much you know you will be paid for the shop work over the year. 150 every two weeks would be around 3600 in the year.

If you pay no tax on your shop job, and are a single person, that leaves you 14000 to earn from teaching before you have to pay any tax. Tell Revenue you are probably going to earn the 4000 from the shop and make some sort of a best and worst case estimate as regards the teaching. If you don't think you'll make 14000 from the teaching, tell Revenue as they can set it up that you won't pay tax. If it gets set up wrong you might end up paying some tax, but you will get it back.

raemie24

spurious wrote: »

Work out how much you know you will be paid for the shop work over the year. 150 every two weeks would be around 3600 in the year.

If you pay no tax on your shop job, and are a single person, that leaves you 14000 to earn from teaching before you have to pay any tax. Tell Revenue you are probably going to earn the 4000 from the shop and make some sort of a best and worst case estimate as regards the teaching. If you don't think you'll make 14000 from the teaching, tell Revenue as they can set it up that you won't pay tax. If it gets set up wrong you might end up paying some tax, but you will get it back.

thanks for the reply, I'm still really confused. Its awkward because I need my shop pay as its every week and only about 150 every two weeks where teaching isn't. So if I'm over taxed on either, il have no income

spurious

raemie24 wrote: »

thanks for the reply, I'm still really confused. Its awkward because I need my shop pay as its every week and only about 150 every two weeks where teaching isn't. So if I'm over taxed on either, il have no income

So arrange your credits that you are not taxed on your shop income. You need to contact Revenue about this. They are well used to dealing with people with two incomes.
If it's not sorted, you will be on emergency tax and no-one wants that.