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2 Jobs

  • 30-03-2018 4:15pm
    #1
    PopIT
    Registered Users, Registered Users 2 Posts: 223 ✭✭


    Hi All,
    Currently working in a factory. Wage is weekly at 550€ and 466€ take home.
    Been offered a job today that is a little lower but is monthly at 2000€.

    There are reasons for me taking the new job foremost that it is a work from home position but the way they have me starting, I would be 5 weeks without a wage coming in which, I cannot afford to do.

    If I was to keep on my old job, hard going I know but needs must, and didn't hand in my notice until two weeks prior to when I receive my first wage in the new job, what would the tax and PAYE implications be.
    Thank you for any help.


Comments

  • #2
    gerrybbadd
    Registered Users, Registered Users 2 Posts: 10,301 ✭✭✭✭gerrybbadd


    PopIT wrote: »
    Hi All,
    Currently working in a factory. Wage is weekly at 550€ and 466€ take home.
    Been offered a job today that is a little lower but is monthly at 2000€.

    There are reasons for me taking the new job foremost that it is a work from home position but the way they have me starting, I would be 5 weeks without a wage coming in which, I cannot afford to do.

    If I was to keep on my old job, hard going I know but needs must, and didn't hand in my notice until two weeks prior to when I receive my first wage in the new job, what would the tax and PAYE implications be.
    Thank you for any help.

    The odds are you'd be on emergency tax at first. Which is alright, but the thing is, you'll be given some tax credits. However, all of your due tax credits are allocated to your existing employer already. So this means that you will have more than entitled, and could end up with an underpayment.

    To sort this, you could ring the tax office, get them to set up the new employment, and issue a nil cert to the new employer, meaning that no credit instruction would go to them until you finish up in the old employer.


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