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Tax Question ??
millwalll
Posts: 912 Forumite
Hi all,
I am student and working 12 hours a week I get paid about £5.00 somthing an hour and I am paying tax on that.
Just wanted to ask should I be paying tax? I heard from someone that as I dont earn a lot I should not be paying tax is this true ?
Many thanks
I am student and working 12 hours a week I get paid about £5.00 somthing an hour and I am paying tax on that.
Just wanted to ask should I be paying tax? I heard from someone that as I dont earn a lot I should not be paying tax is this true ?
Many thanks
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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Comments
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12 hours a week @ £5 an hour = £1920pa
What is your tax code? 522L?
If so no you shouldn't, bring it up with your employer and they should sort it out. When you are earning over £5220 (if your tax code is 522) you will start paying tax.0 -
Yeah my tax code is 522LHi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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No tax on that amount unless you have another job earlier in the year that used up your allowance. Does your employer have the correct code number for you?0
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Also don't worry tooooo much about the tax issue, you can claim it back after the tax year has ended (April 5th), just hassle your employer for your P60 (End of Year Certificate), fill in a few forms with the tax people and they will send you a cheque. Just a warning, it can take a while.0
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so what would be my best step to speak to my emploayer and asked them if i shoudl be paying tax?Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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are you sure your tax code is actually 522L and not something like 522L w1 or 522L m1 or similar?0
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on pay slip it says tax code 522lHi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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tell us all the info on the payslip
taxable to date
tax to date
pay this week/month
tax this week month
period (month or week number)0 -
Hi,
I am also a student working 15 hours a week with the tax code 522L. Now I have been told that full-time students dont get taxed but my question is should we be paying National Insurance? As they just started deducting this from me 2 months ago when I turned 18.
Sorry if its a dumb question its just that I have asked different people - a fellow student who works with me and says we shouldnt have to pay NI as he didnt and the Personnel office who say we do? Naturally I'm confused! Any clarification would be great!Win £2008 in 2008 member's club 777 :cool:0 -
ok it has
payed tax £41.26
taxable pay ytd £7,142,74
paye tax £262.28
ni ees deductn £39.07
niable pay ytd £2,271,16
the it has taxable £307.97
net pay £349.23Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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