Do You Pay More Tax on a 2nd Job | Explaining How Tax on a Second Job Works in Australia

As an accountant, I commonly hear people ask, Will I pay more tax on a 2nd job? There is this second job tax myth that people talk about, and therefore think because you are working 2 or more jobs you will be taxed more. This isn’t the case, although there is a reason why this is commonly mentioned. In this video I unpack the second job tax myth, and explain how tax works in Australia when working multiple jobs. --- Have you ever worked multiple jobs at the same time? --- 📺 Subscribe to this channel - https://www.youtube.com/c/ethanroosho... --- 🔥 Join Our Discord! The Rooshocks Discord allows me to answer questions about Business, Tax, Crypto and NFTs. It’s also the place where you can get up to date information on my NFT project, Rooshocks! -   / discord   --- 💰 My Accounting Business - https://rooshockaccounting.com.au/ — 🖼️ My NFT Project, Rooshocks - https://rooshocks.xyz/ — 💼 How I Track My Crypto Investments for Tax Time Summ (Previously Crypto Tax Calculator) - https://cryptotaxcalculator.io?fpr=xo5ak (Get 20% Off using the code BFF2020) Koinly - https://koinly.io/?via=9B29D87A CoinTracking - https://cointracking.info?ref=E484421 --- ✏️ How I Track My Investments for Tax Time - https://portfolio.sharesight.com/refe... --- 📈Digital Surge (Australian Based Crypto Exchange) - https://digitalsurge.com.au/?ref=6SK2Q --- 💸Pearler (Australian Based) ($9.50 brokerage and Free Brokerage on Some ETFs) - https://pearler.com/home?deal=rooshock --- ✍ Personal Finance Blog - https://ethanrooshock.com/ --- Ethan 'Rooshock' (Rucioch) is an Australian business owner in his mid 20's. He is the owner and director of Rooshock Accounting, an accounting firm. He is also the creator of an NFT project, Rooshocks. In his spare time, he enjoys travelling as well as watching countless hours of sport. On this channel you will find a range of different content, including personal finance, business advice, tax tips, crypto tax tips, NFT discussions and even some social media marketing content. --- CONNECT WITH ME HERE: 👍 Facebook -   / ethan-rooshock   📷 Instagram -   / ethanrooshock   🐦 Twitter -   / ethanrooshock   🎵 Tik Tok -   / ethanrooshock   💼 LinkedIn -   / ethan-rucioch-037b44a3   ✉ Email - [email protected] --- Music - https://www.bensound.com --- Disclaimer The information in this video and on this YouTube channel is for entertainment and general information purposes only. It should not be taken as constituting professional advice. You should not rely on it as financial advice. There are always risks in any financial decision and all decisions should be made on an individual basis. You should conduct your own research and seek independent professional advice where needed. Some of the links in this video or video description may be affiliate links. Ethan Rucioch, Rooshock Enterprises Pty Ltd, Rooshocks Pty Ltd or any other related party may receive a commission through these. --- #secondjobtax #australianincometax #personalfinanceaustralia