Hello fellow Forumers. Can any body out there tell me how many hours you have to work until you are considerd to be in full time employment & how does the way you get taxed change? I would be greatful if some body could enlighten me. Cheers!
i think that the dss qualify 16 hours or less as part time.
over 16 hours you pay tax & ni (i think)
Part time/full time makes no difference to tax (don't know about NI).
Tax is purely based on your tax code, ie a basic code gets you an allowance of around 4600 a year tax free, then so much at 10% then at 21% then at 40%.
If you're earning into the 40% bracket and working part time then tell me how.
Internetowl
24-08-2005, 14:11
professional footballer - don't even need to be a good one :(
35 hrs I think! :confused:
At the same time as the Working Directive was introduced, there was a mass of other employment measures that was introduced.
Basically, some companies used to offer different terms of employment (holidays etc) to those working less than 30 hours per week and were classed as Part-Time. Legislation changed this and ensured that part time staff are employed on the same terms as full time employees.
In terms of tax it is based on how much you get paid, what your personal allowance is (for most people it is £4895) and more and is based on your earnings in the current tax year (which starts on April 5 each year).
However, if you are claiming Working Tax Credits there are different rates depending on the number of hours you work. If you work less than 16 hours then generally you claim Income Support, if you work 16-30 hours you claim WTC either through your pay or directly into the bank, or if you work 31+ hours you get a higher daily rate of WTC which is paid through your pay.
For National Insurance, if you earn less than £82.00 per week then you do not pay National Insurance nor do you have any contributions made to the fund. If you earn between £82.00 and £93.99 per week then you do not pay a contribution but the Government makes a contribution to the fund entitling you to pension and other benefits. If you earn be £94.00 and £630.00 then you pay National Insurance at 11% and any earnings above £630.00 per week are paid at 1%. Additionally your employer pays NI at 12.8% on any earnings over £94.00. National Insurance is paid irrespective of any personal allowances, earnings year to date and is based totally on that weeks or months earnings depending on how often you are paid. (although it is slightly different for company directors).
It's simple really. Honest.
Originally posted by Internetowl
professional footballer - don't even need to be a good one :(
unfortunately I couldn't even be a bad one :rolleyes:
banesmabes
24-08-2005, 14:47
Depends on the organisation and the post really. In my organisation some posts are considered to be full-time at 35 hours per week, others are 37 hours per week, whereas others are 39 hours per week! If you're paid hourly then you don't really need to worry about it. If your salaried however you need to be clear how many hours full time is, because they then pro-rata your salary down to the number of hours you work by using the full-time equivalent.
But as mentioned it doesn't really matter what hours you work as far as rights are concerned - it is illegal to treat part-time workers any differently from full-time (this law was brought in when it was realised that, as most part-time workers are women, if you gave them less favourable terms and conditions than full-time workers then it amounted to indirect sex discrimination).