Second Job & Tax/NI

Hi,

I earn 27k per year. Ive been offered a casual job earning 5 per hour to basically do nothing, some weeks it will be 40 hours a week, others, just a few hours. Im happy to do this as it fits in well with my current job. Its all above board with regards to tax and NI. My question is how much does 5 per hour eqate to after tax and NI? I ask this coz the job is a 40 mile round trip, and I want to ensure that its actually worth it.

So how much does 5 per hour work out to be after tax & NI, as a second job?

Thanks

Dave

Reply to
David Day
Loading thread data ...

The second job is NI exempt for the first £84 a week, so at £5 per hour the first 16.8 hours per week will be taxed at 22% and is hence worth £3.90 per hour; after that NI kicks in, at 11%, so worth goes down to £3.35.

Why do you have to drive 40 miles to do nothing, can't you just do nothing at home? Come to think of it, can't you do nothing at the same time as your other job? I think there must be more to this than meets the eye; "basically" falls far short of telling the whole story. Come on, spill!

A 40 mile round trip must cost you nearly £4 in car fuel (he said, jumping to the obvious conclusion), so bear in mind that on each occasion the first hour is just paying for your expenses.

Assuming your main job is "full time" [6.5 hours a day 5 days a week

46 weeks a year] it is worth £18 per hour. Could you not do more of that instead?
Reply to
Ronald Raygun

Thanks for the first half of your reply. I had already worked out that the first hour or so of pay would be spend on petrol. Unfortunately I have to turn up to work, its not the kind of thing that you can work from home. Hence I cant also do it whilst I am doing my other job, being in 2 places isnt something Im good at. There isnt really more than meets the eye, its just that my current job is quite good, but with NO chance of extra pay out of it. Its not 46 hours a week, and its far from 6.5 hours a day and its not

5 days a week. its actually 4 on 4 off, and an average of 42 hours a week. Hence having time to work on my 4 days off, plus a fw other days off. Especially as I get very bored at home. and thought that I may as well get paid to be bored as just sat at home. The other job is dead simple and involves no work at all, other than turning up, sitting down, chatting, and relaxing. And even I can turn up, sit on my arse, talk shit, and relax, then drive home.

All I wanted to know was is it worth taking the job financially, or whether I should look for something else, closer to home, and save the petrol and travelling. After all it is a friend that has offered me the job, working on a casual basis, permanent, but flexible with the hours. He's even offered to train me up in whatever I want, that is reasonably benificial to the job, all paid for by his firm. I was tempted to go for a management lecturing style course, or maybe first aid instructor or health and safety. Something that will also benefit myself and my main job.

Thanks for your help though.

Reply to
David Day

... but maybe not in relation to the £5.35 nat min wage...?

Reply to
Martin

You still haven't explained it.

"The other job is dead simple and involves no work at all, other than turning up, sitting down, chatting, and relaxing. And even I can turn up, sit on my arse, talk shit, and relax, then drive home."

Are you an actor in a play?

Are you a companion to lonely people.

It can't be a security job because you would have to be responsible for the property you are providing security for.

It's obvious you want an answer to a question but you won't answer Ronald's question.

Reply to
Peter Saxton

Polititian?

Reply to
rob

You will be outside the working time directive for one thing and after tax you will get 3 pounds an hour, I know I would rather stay at home than get that.

Mrcheerful

Reply to
mrcheerful

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.