Working F/T and @ Uni P/T..will my tax be lower ?

d14bat

Hey,
Firstly let me say im a novice at money stuff, my wife is on the ball with this stuff but browsing the site today i did have a thought.

I work full time and also attend university part time and have done so for the last 3-4 years. As a p/t student does/should this effect my tax in any way...or shud i still be paying the same as a f/t worker ??

Any advice appreciated !!

Daz.

d14bat

Oh im in Scotland...dunno if that makes any diff ??

pjcox2005

Being at university doesn't change the tax position for you, and the calculation would happen as normal.

You hear people say they don't pay tax because they are studying, but normally it just means that there earnings (due to studying) are below the minimum earnings threshold.

d14bat

awww.....pity
thanks
Daz.

Derivative

pjcox2005 wrote: »

You hear people say they don't pay tax because they are studying, but normally it just means that there earnings (due to studying) are below the minimum earnings threshold.

That, and various sources of 'income' that students (especially full-time students) recieved are not classed as taxable income.

Student loans, grants and bursaries are not, and neither are academic awards such as prizes for examination results.
I believe there exist other sources of income applicable to students that are not counted either.

So it does take quite a bit for a full-time student to use up all of their personal allowance.