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The New Daily
The New Daily
Craig Sankey

Taxable income: Does having more than one job mean I pay more tax?

ATO Australia capital gains Tax Return
The ATO doesn’t care about how many jobs you have, or how many different sources of income you have. Photo: Getty

Question 1. I work 30 hours a week in my job. I have an opportunity to pick up a second job, for about 10 to 15 hours a week but I’ve been told that the tax on my second job will be a lot higher. Is that correct?

This is a common misconception.

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