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Student Finanace & Benefits in Kind
Wellgood
Posts: 88 Forumite
Hi
I am filling in Student Finance Form for my partner as I need to put in my financial details.
Question is on section 12 on - Taxable Benefits in Kind. -
If my personal allowance has already been reduced from £10,000 to £9600 due to receiving medical insurance Benefit in kind worth £400 (and thus also my tax code changed) . Then do I need to also put in - "Total income received from BIK as £400.
I'm just thinking that if I do it will be double counted - (i) in my p60 figure (ii) in the BIK section
Thanks for any advice
W
I am filling in Student Finance Form for my partner as I need to put in my financial details.
Question is on section 12 on - Taxable Benefits in Kind. -
If my personal allowance has already been reduced from £10,000 to £9600 due to receiving medical insurance Benefit in kind worth £400 (and thus also my tax code changed) . Then do I need to also put in - "Total income received from BIK as £400.
I'm just thinking that if I do it will be double counted - (i) in my p60 figure (ii) in the BIK section
Thanks for any advice
W
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