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Tax and NI claim for low earners
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PV1993
Posts: 4 Newbie
in Cutting tax
This has potentially been asked a million times so I apologise in advance, but I can't find an answer online.
I am currently in a paid job however I will be leaving to take up a Teacher Training course. This means that, come next April, I will have not earned over the £12500 tax threshold. However, as the company would have expected me to still be in employment, I have still been paying said Tax and National Insurance.
I know that I can claim tax back, or I will get a rebate, next April when the tax year ends. However does the same apply for National Insurance?
Thanks
I am currently in a paid job however I will be leaving to take up a Teacher Training course. This means that, come next April, I will have not earned over the £12500 tax threshold. However, as the company would have expected me to still be in employment, I have still been paying said Tax and National Insurance.
I know that I can claim tax back, or I will get a rebate, next April when the tax year ends. However does the same apply for National Insurance?
Thanks
0
Comments
-
No
Completely different; NI is based on individual pay periods not yearly figure like tax.0
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