Splitting tax credits and rate bands between jobs & private pension if you are paying excessive tax in one of your employments or private pensions. Individuals or jointly assessed couples who have more than one active job or private pension can amend how their tax credits and rate bands are divided. You can divide your tax credits and tax rate band between your jobs in any way you want by following the steps outlined in this guide. Splitting your tax credits and rate bands between jobs will not change the total amount of tax you have to pay but it can ensure that you pay an even amount of tax in each job and get the full benefit of your tax credits and rate bands during the year. This is a step-by-step video for doing this and especially for those that are not familiar with conducting activities online.
We have devised a calculator to help PAYE Taxpayers determine how much Standard Rate Cut Off Point and Tax Credits they can allocate to each job or Employment ID as it is referred to on your 2025 Tax Credit Certificate. If you need help completing this calculator see our video guide How to Split Tax Credits and Rate Bands Accurately with the Help of Our Calculator
© Copyright Boyle Payroll Project Management