Should i be paying tax?

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  baffledsalmon11 months, 1 week ago #1Show comment toolsReply

  You get £8105 tax free each year... if you're earning over this, you will be taxed. Ie if you're earning 10k, you will be taxed 20% on £1895
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  WoolyM11 months, 1 week ago #2Show comment toolsReply

  The employer will usually take tax but you may be entitled to a rebate. Either speak to the HR people or contact the tax office
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  Jasonl159911 months, 1 week ago #3Show comment toolsReply

  Have a browse on here buddy.
  
  http://www.hmrc.gov.uk/incometax/basics.htm
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  bigfoot10011 months, 1 week ago #4Show comment toolsReply

  Is it definitely tax? or is it national insurance? they start taking that at roughly £110 a week.
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  moose10911 months, 1 week ago #5Show comment toolsReply

  Is your tax code still stuck on BR? It should be somewhere on your payslip, either BR or 810L.
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  kenziekoo11 months, 1 week ago #6Show comment toolsReply

  There's a form students can fill out that you give to your employer and the they won't tax you at all you will just pay NI, ring tax office and they will sort a rebate
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  demolisher11 months, 1 week ago #7Show comment toolsReply

  If this is your first job then you might be on something called "emergency tax", tax code might be BR1 or something very similar. You need to contact your employers payroll dept.
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  moose10911 months, 1 week ago #8Show comment toolsReply

  kenziekoo

  There's a form students can fill out that you give to your employer and the they won't tax you at all you will just pay NI, ring tax office and they will sort a rebate

  
  
  Surely if you earn over the limit, then you'll be taxed on it? Else a student could be an employee of their parents, earning the vast profits of their parents company, parents getting nothing on the books and the student not paying a penny in tax. Doesn't sound right to me.
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  bigweapon0711 months, 1 week ago #9Show comment toolsReply

  You need a P46 to send to tax office. Usually students can't save money properly so I'd leave it to build up, then claim it back when you need to buy something of largish value.
  
  The only other way you may end up paying tax is that your salary is over the threshold and you pay tax evenly over the year to make up your tax contributions.
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  fbl78611 months, 1 week ago #10Show comment toolsReply

  linky
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  v553511 months, 1 week ago #11Show comment toolsReply

  u18 tax-free
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  bigweapon0711 months, 6 days ago #12Show comment toolsReply

  v5535

  u18 tax-free

  
  
  Since when?
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  markvirgo11 months, 6 days ago #13Show comment toolsReply

  you don't pay tax on your first year as they need to calculate your earnings. They may take tax if they think you will be on a high wage and then you apply for a tax rebate in April the following year.
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  WheresMeNuts11 months, 6 days ago #14Show comment toolsReply

  I thought Craig white had just registered to HUKD's for a second oO

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