Announcements
Worried you’re missing part of your refund? Remember, the low and middle income tax offset isn’t a refund on its own – it’s used to offset (or reduce) the amount of tax you pay. The offset amount you may be entitled to is automatically applied and could range between $255-$1080, depending on things like your taxable income and how much tax you’ve paid.
Still not sure? Ask the Community

ATO Community

Re: JobKeeper tax free-threshold on second job

I'm new

Views 1342

Replies 1

Currently on JobKeeper through original employer.

obtained casual secondary employment.

If jobkeeper is expect to finish in late September (only $9,750 in financial year 20-21) should I claim tax free threshold from secondary employment instead?

1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

Former Community Support

Replies 0

Hi @473X 

Australian residents for tax purposes receive the first $18,200 they earn tax free each year.  This is known as the tax free threshold and equates to receiving the first $350 a week or $700 a fortnight income tax free from your employer.

 

You can only claim this from one employer at a time which means you cannot claim this from a second or subsequent employer.  If you did, it would be double dipping and you would end up getting two tax free thresholds and probably a tax bill at the end of the year. If you're certain your total annual income from all employers or payers will be less than $18,200 you can claim the tax-free threshold from each payer. Read more information about Claiming the tax-free threshold.

 

As you don't claim the tax free threshold from your second employer, any income you receive from them will be taxed from the first dollar – you won’t receive any amount tax free amount from this employer. 

 

You can change which employer you claim the tax free threshold from at any time. As long as you ensure you are only claiming it from one employer at a time, it will be fine.

 

All the best.

 

1 REPLY 1

Most helpful response

Former Community Support

Replies 0

Hi @473X 

Australian residents for tax purposes receive the first $18,200 they earn tax free each year.  This is known as the tax free threshold and equates to receiving the first $350 a week or $700 a fortnight income tax free from your employer.

 

You can only claim this from one employer at a time which means you cannot claim this from a second or subsequent employer.  If you did, it would be double dipping and you would end up getting two tax free thresholds and probably a tax bill at the end of the year. If you're certain your total annual income from all employers or payers will be less than $18,200 you can claim the tax-free threshold from each payer. Read more information about Claiming the tax-free threshold.

 

As you don't claim the tax free threshold from your second employer, any income you receive from them will be taxed from the first dollar – you won’t receive any amount tax free amount from this employer. 

 

You can change which employer you claim the tax free threshold from at any time. As long as you ensure you are only claiming it from one employer at a time, it will be fine.

 

All the best.