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students and tax

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  • RichyRich
    RichyRich Posts: 2,091 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I just pay the tax as per my tax code then fill in an Inland Revenue form at the end of the year and get waht I'm owed back :)

    Blinkin revenue...if I owed them money they'd charge me interest!
    #145 Save £12k in 2016 Challenge: £12,062.62/£12,000.00 Beginning Balance: £5,027.78 CHALLENGE MET
    #060 Save £12k in 2017 Challenge: £11,03.70/£12,000.00 Beginning Balance: £12,976.79 Shortfall: £996.30:eek:
    This is the secret message.
  • Bossyboots
    Bossyboots Posts: 6,760 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    That is the right form number Sue but hmrc are hopeless at updating their website to the current forms.

    Sue's advice is spot on, so if you are only earning during the holiday periods and will earn less than your personal allowance you can be paid tax free once you have completed that form and given it to your employer.
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