Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Tax form to not have tax taken out at source?

2 replies

Atwaroverscrabble · 20/11/2011 19:08

Hello!

I have tried to find the answer to this on the tax site but can't so thought i would ask you guys!

I have taken on a part time job alongside my phd, its 1 day a week, 52 weeks a year and the actual pay is just under £4,000. Its my only taxable income and so i am under the income tax threshold.

Is there a form to complete to declare this so that i dont have tax deducted each month and then have to wait for a refund??

All i could find was a 38(s) for students who work during their holidays. This is all year though...

Would really appreciate your advice!

OP posts:
Lizcat · 20/11/2011 21:30

If you are on PAYE your tax code will determine that you don't pay tax as your weekly/monthly earnings will be below threshold.

mranchovy · 21/11/2011 00:58

Your employer should ask you to fill in a P46, which you give back to your employer. You will presumably tick box A which will mean that the tax code your employer uses (747L) lets you earn up to £7,475 between now and the beginning of April without paying tax.

You will have to pay National Insurance if your earnings are more than £139 in any week (or £602 in any month if you are paid monthly).

New posts on this thread. Refresh page