Being taxed as a student..

brundle

Hi,

I recently did a 5 day medical trial at university and was meant to be paid £120 for it. However, when the money came through it was £96, so after contacting the university I was told that I had been taxed and I could claim the money back if I ring up the tax office.

Oh I don't have a job apart from this, by the way. I know if you've earned so much a year as a student you can get taxed.

Now, I've looked at the tax office website and can't exactly who I should ring up and what to say I think I found the right number the other day but I stupidly didn't bookmark the url and cant back to the page. Will I need to provide more information to them, as well? Because I literally I have nothing in writing with regards to the payment - it just went straight into my account.

Any help most appreciated

janine22

As far as I am aware (I'm a recent graduate) there are no special tax rules relating to students. Your tax code will reflect the basic tax allowance (code should be 503L?), meaning you can earn £5030 (or £5003?) per annum, which works out at roughly £80 per week without paying tax.

If you ring the tax office with your details they should be able to give a rebate if you have not exceeded this threshold, although maybe not until the end of the tax year?

Please note any National Insurance contributions paid on earnings are not refundable.

Sorry not that much help, someone will be along in a min who knows more than I do about this.

[Deleted User]

Could it be emergency tax?

Jersy

ringo_24601 wrote:

Could it be emergency tax?

yea thats what i was thinking

as its not a perm job it could well be

Timmne

As you were paid less than £97.01, it's not applicable for NI, which isn't cumulative, meaning you wouldn't get it back if you'd paid too much.

HOWEVER, you've paid something at exactly 20%, which is weird as tax rates are 10/22/40%.

Whatever it is, as long as it's tax, you will get it back....

brundle

Thanks for the replies.

What is emergency tax?

Savvy_Sue

brundle wrote:

Thanks for the replies.

What is emergency tax?

It's what gets taken off if you don't have a tax code: no allowance is made for the fact that you can earn up to your Personal Allowance before having to pay any tax.

Serenity

I need to phone up the tax office too as I paid way too much tax last year thanks to PAYE and loads of overtime. When do I do it? After this tax year or before? Also I paid when I shouldn't in a couple of other jobs too (I really should fill out one of those summer job thingies next time telling them I wont be earning over the £4000 odd), is it too late to claim that back? The websites are so confusing. The thing I would really like to know is which tax office do I contact? The one on my payslips/p45 whatever (I don't have them to hand at the moment) or my local one? Argh sorry for all the q's!

lellie

You're generally best writing a letter to your tax office - it's the one that your last company you worked for is registered to - it will be on payslips.

reddevilled

Serenity wrote:

I need to phone up the tax office too as I paid way too much tax last year thanks to PAYE and loads of overtime. When do I do it? After this tax year or before? Also I paid when I shouldn't in a couple of other jobs too (I really should fill out one of those summer job thingies next time telling them I wont be earning over the £4000 odd), is it too late to claim that back? The websites are so confusing. The thing I would really like to know is which tax office do I contact? The one on my payslips/p45 whatever (I don't have them to hand at the moment) or my local one? Argh sorry for all the q's!

You've got 6 years to make a claim. If you go the https://www.hmrc.gov.uk and look for a form R40. They're pretty simple to fill in. Submit one for each tax year and you should get your money back.

Serenity

reddevilled wrote:

You've got 6 years to make a claim. If you go the https://www.hmrc.gov.uk and look for a form R40. They're pretty simple to fill in. Submit one for each tax year and you should get your money back.

Thanks! I've spent so long searching that website for the answer and now I have it