student tax allowances

slopemaster

I am a postgraduate student receiving a tax-free bursary.
I also receive money from savings interest, just below the tax threshold.
I think this year I will be very, very close to my £6 475...

So, my question is, if I find I am just over, are there any allowances I could claim to bring me back under? (Its not so much wanting to avoid paying a small amount of tax, but not wanting the hassle of paying tax on all my income from savings, and then claiming nearly all of it back.)

Could I claim my professional subs which I have kept up? - I suppose not, if I am not working at the moment - but I will need them when I finish!
Or how about any of the costs of being a student, books etc, or travel? But I suppose thats what my tax-free bursary is for, so I think its a non-starter. Logic says its only the cost of getting the income you can offset - how about all my calls to those expensive call centres the banks have?
Any ideas gratefully received.

CLAPTON

no.....................


just wait intil the year end
if you find that you owe a little tax just write to the HMRC and give the figures.... they will ask for the tax back... in due course.....

slopemaster

hmm, OK
I'm sure you're right

dmg24

slopemaster wrote: »

hmm, OK
I'm sure you're right

Yes, CLAPTON is correct.