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Student Grant
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RR.
Posts: 6 Forumite
Hi all, I would really appreciate some advice on this. I have applied for a Student grant to cover my living costs and studying materials. I am going to study in Denmark and the grant is through a charity. The total grant is 5K. Can anyone tell me if I have declare this as income? The grant won’t be available to me until two weeks before my studying starts when I am already going to be living in Denmark. Thank you
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Declare it as income for what?0
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Sorry, declare to HMRC as income.0
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Certainly not until your receive it. Grants can easily be withdrawn.RR. said:Sorry, declare to HMRC as income.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
But if I receive do I have to Declare it as income? It will got towards buying materials and paying rent and I will already be living in Denmark. I was thinking, for instance that I could ask them to deposit the rent directly into the landlord account, if I had to pay tax. Thank you0
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Almost certainly not but it would be a question for Danish tax law rather than uk.0
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Well in the UK you are allowed to earn £12,500 before you pay any tax, so I'd say you won't have to pay tax even though you will have to declare your income. £5k isn't much to live on though! I'm assuming that the grant is from a UK charity and that you will be returning to the UK after study. If that's the case, you won't have to pay any Danish tax.RR. said:Hi all, I would really appreciate some advice on this. I have applied for a Student grant to cover my living costs and studying materials. I am going to study in Denmark and the grant is through a charity. The total grant is 5K. Can anyone tell me if I have declare this as income? The grant won’t be available to me until two weeks before my studying starts when I am already going to be living in Denmark. Thank youPlease note - taken from the Forum Rules and amended for my own personal use (with thanks) : It is up to you to investigate, check, double-check and check yet again before you make any decisions or take any action based on any information you glean from any of my posts. Although I do carry out careful research before posting and never intend to mislead or supply out-of-date or incorrect information, please do not rely 100% on what you are reading. Verify everything in order to protect yourself as you are responsible for any action you consequently take.0 -
Thank you all for your help.0
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The grant is to partially cover my living costs I will also work. Thank you0
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