TaxBack – Student Tax Refund

from the blog.

Student Tax Refund

​Have you studied in the UK? If you worked whilst studying then you could be owed a student tax refund.

working holiday in the UK

Why you may have paid too much tax?

Whilst you’re a student and juggling part-time work, or perhaps temping during the holidays it’s quite possible that you may be put on emergency tax if you are working part time or if you are a temporary worker as your employer may be unsure of your correct tax code. Therefore students often end up with quite complicated tax, meaning students may be owed quite significant tax rebates.

​CLAIM A STUDENT TAX REFUND

Why should you apply for a Student Tax Rebate

With students often regularly changing jobs it’s quite common that HMRC aren’t up to date on your tax status. Therefore keeping all your payslips so you can apply for a student tax refund is essential. If you are a casual or part time worker your employer may place you on an incorrect PAYE (Pay As You Earn) Code which means you may be over taxed.

Another way in which you might have been overpaying tax is on other income such as interest and savings before the 2016/17 tax year. This is when tax has automatically been deducted by your bank or building society if you haven’t used the R85 form to enable your bank to pay interest without taking tax off.

STUDENT TAX REFUND

When you should apply for a Student Tax Refund

You should apply for a student tax refund if you think you may have been over paying tax. Check your payslip to see if you’re on the correct tax code. You can also apply for a student tax refund via our online claim form.

​The average tax refund is £1342

​CLAIM A STUDENT TAX REFUND

​Student Tax Explained

Are you working whilst at college or uni? Make sure you understand your tax. Apply for Student tax refunds with us now to get more money in the bank.

A Basic Tax Guide for Students

The UK tax system is a complicated lot, but something you must understand if you study and work at the same time during your studies.

This is because there are different types of income that may be liable for student tax. Even the money your family sends you, or that income from your savings account may be taxable. So it pays to read and learn as much as you can about tax tips for students.

​READ MORE

​Tax Tips For Students starting jobs whilst at Uni

Working whilst at university is a great way to add to your CV. But did you know you could be owed a student tax refund? Apply for Student Tax Refunds.

Student Tax Refunds

If you want to gain work experience and an employment history, even before you graduate from uni, working while studying at the same time provides an excellent opportunity.

Along with student jobs, however, is the complex prospect of paying taxes. Yes, you are expected to pay the taxman. And, no, there aren’t plenty of exceptions to the rule.

​READ MOREstudent tax refunds

Why is your P60 Important?

Ever wondered what your P60 is for? Here, we take a look at why you need to hang on to that piece of paper and how it could get you more cash in the bank!

If you never bothered before, you should start now. This is because it is one of the few documents that will help you get a tax refund. Yes, a rebate that could be up to £2500, depending on the amount of tax paid or if you ever applied for a tax refund.

​READ MORE

​Useful Student Tax Articles

START MY APPLICATION



Related Posts

Getting your owed money from Tax Refund Services in UK

Do you really prefer to spend your time filling out and editing tax forms, hoping that you will receive a tax refund, after all that work? Even after ensuring that all your paperwork is done correctly, how likely are you...

Self-Employed Individuals Encouraged to Reach New Deadlines for Tax Returns

The COVID-19 crisis is having far-reaching financial effects on individuals and companies alike in the UK and around the world. The Low Income Tax Reform Group (LITRG) says that self-employed individuals who have yet to submit their 2018/19 self-assessment tax...

Tips for Filing Your 2020 Self-Assessment Tax Return

If you were self-employed from 6th April 2018 to 5th April 2019 and have earned more than £ 1000, then you need to file a self-assessment tax return and pay any tax that you owe before 31 January. Self-Assessment is...

Leave a Reply

Translate »