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Re: Tax free threshold- two employers at different times during the financial year

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If I have jobs with two different employers during the financial year, and only worked for one employer at one time during the course of the year (so there was no overlap in the positions held/time worked), what does that mean for ticking the tax free threshold?

 

If I work with employer 1 from August to December, employer 2 January to February, and employer 1 again from March to June, I am never working for more than one employer at one time.


When I am filling out my TFN forms, do I always tick yes for question 8 re the tax free threshold, because I'm only ever holding one job at a time?

 

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Devotee

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You can choose whatever you want.

 

You will be taxed on your total income at the end of the financial year.

 

So you could end up with a tax debt if enough tax hasn't been paid.

 

 

 

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Best answer

Devotee

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You can choose whatever you want.

 

You will be taxed on your total income at the end of the financial year.

 

So you could end up with a tax debt if enough tax hasn't been paid.

 

 

 

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