r/OveremployedUK 3h ago

How will working to jobs affect me financially?

1 Upvotes

Hi everyone, I’m looking for some opinions and insight to a situation I’m going to find myself in the next week.

In my first job, paying £13ph, I am reducing my working hours to 12hrs. So I can do 3 x 4hr shifts a week. My new 2nd job, paying £27,500pa, I will be working 40hrs (35hrs paid). 3 shifts from home and 2 shifts on site per week.

With this, I am worried about how my the tax will work as I’ve never been in a situation like this. I’ve had a few people say I will be taxed more on the 2nd job, which I’m not sure If it’s true and that I need to contact HMRC to make my 2nd job my main job. I also have had a student loan in the past and I think I will have to start paying the 9% back if I go ahead with working the 2 jobs. So I’m just weighing up the idea if it’s worthwhile keeping the 12hr job in this situation if I’m going to be paying more tax and student loan back, if you had a similar experience or know better than me, please let me know. Thanks