Get Your Tax Back!!

spurious_2

I'm a student who tends to work over the summer full time and then either works part time during the term or sometimes not at all. I only ever earn slightly above the tax-free bracket of around £5,000k, meaning hardly any of my money should be taxed at all. However, because the tax system is PAYE (Pay As You Earn), it taxes me during the summer as if I'm working full time all year. In short, this means loads of students will be paying over the odds in tax.

Get your P60 (or ask your employer for a 'statement of earnings') and at the end of the tex year (April), contact your local tax office and ask for a tax refund. I made an easy £549 doing this, and over the course of my studies have made over £800 back in tax refunds.

Various groups will do all this for you, the best I've found being STA Travel, but they also charge for it - STA take the first £50 of anything you get back. You can avoid this just by contacting your tax office and doing it directly.

Good luck!

waterbaby

This doesn't need to be done retrospectively though? I worked in the holidays when I was at uni and at the start they put me on emergency tax, then once I had filled in some form or other I always received my money untaxed.

Bossyboots

waterbaby - the form you completed would have been a student form declaring that you were only working in the holidays. As soon as you work term time you become liable to taxation on your income at source even if you end up below the threshold at the end of the tax year.

I echo the end of the OP's post. You do not need to pay anyone to get this tax back for you, it is simple to do yourself and if you really cant be bothered it will automatically come back to you if you are prepared to wait for it.

StudentSaver_2

If you have your P60, you can enter your details in this site and see if you're entitled to a refund. Unfortunately, I'm not.