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yy530(Newbie)Newbie
11 Feb 2024

I started doing 2 jobs and the new job has become my primary income.

I ticked yes to claim the tax-free threshold from the new primary full-time job for the Tax File Declaration Form.


In the mean time, the old job (non-primary job now) has been changed to casual contract.


Questions:

What should I do to manage my tax returns?

Do I need to advise my non-primary employer for me to update the Tax File Declaration Form or other forms to not claim the tax-free threshold from them?

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485 views
1 replies

Most helpful response

Most helpful replyATO Certified Response

WendyATO(Community Support)Community Support
ATO Certified Response14 Feb 2024

Hi @yy530,


1. You don't need to do anything in your tax return. Both of your employers will send us your income and tax that's been withheld.


2. For your non-primary employer, you'll need to fill out a withholding declaration to stop claiming the tax-free threshold. This reduces the chance of you having a tax debt at the end of the financial year.


If your new job has become your highest paying job, yes, claiming the tax-free threshold was the right thing to do.


For more info, check out our article: How much tax should I pay on a second job?

All replies

Most helpful replyATO Certified Response

WendyATO(Community Support)Community Support
ATO Certified Response14 Feb 2024

Hi @yy530,


1. You don't need to do anything in your tax return. Both of your employers will send us your income and tax that's been withheld.


2. For your non-primary employer, you'll need to fill out a withholding declaration to stop claiming the tax-free threshold. This reduces the chance of you having a tax debt at the end of the financial year.


If your new job has become your highest paying job, yes, claiming the tax-free threshold was the right thing to do.


For more info, check out our article: How much tax should I pay on a second job?

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What should I do if I start doing 2 jobs, and the primary job has changed as well? | ATO Community