Tax and National Insurance Jargon
Students in the UK are liable to pay income tax and National Insurance contributions on their earnings, just like everyone else.
There is Student Tax Advice site and a tax refund calculator that have been created to help answer some of your most frequently asked questions about tax, and to help you find out if you might be eligible for a tax refund. These has been developemed by HM Revenue & Customs (HMRC) has worked alongside the National Union of Students (NUS).
All of this can be found online at http://studenttaxadvice.direct.gov.uk/
Tax advice for Students
If your income has varied over the year, you may be due a tax refund on tax you've paid because you didn't use your Personal Allowance.
If you're a student and you're working, you can be taxed on casual, part-time and temporary work. Almost everyone who works legally in the UK is entitled to receive the National Minimum Wage.
Student Tax Calculator
Use the Student Tax Calculator to work out how much tax you should be paying on your wages.
Back to Jargon