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can I reclaim tax from online savings accounts?
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When you start work in the summer you should complete form P46 and if you can answer Yes to the following you should be put on 503L (cumulative) straight away.oh, one other question.
I'm currently unemployed and don't earn the limit of £94 a week. But over summer I am likely to get work from a temping agency (and did the same last year), this isn't guaranteed work and is usually something like 4 days at a warehouse or something simple like that, but I do make over £94 a week if that's the case.
I'm still classed as a student in full time education, but does this mean that I would not qualify because of the possibility of earning over the limit, or is different because I'd be a temp?
This would mean that you will pay no PAYE Income Tax until you earn more than £5,035.A – This is my first job since last 6 April and I have not been receiving taxable Jobseeker’s Allowance or taxable Incapacity Benefit or a state or occupational pension.
If you do not expect to have total income (gross, from all taxable sources) of £5,035 or more in the year to 5 April 2007 then you can register to received interest without tax deducted.
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