The Student Room Group

Taxable unearned income = Maintenance grant and Bursary?

Taxable unearned income is any income you receive from the following sources:
•Bank or building society gross interest
•Property, lettings or rent
•Dividends or investments
•Trusts or sponsorships
•Any other payment received for attending the course
Please estimate the total taxable unearned income, before deductions, that you expect to receive in academic year 2011/12.
£
What is the source of this income?

Does this include the maintenance grant your guna get? is that taxable?
does it include the bursary?
Reply 1
No, neither university bursaries, nor the grant from Student Finance are taxable.

Some employer and organisation bursaries are taxable- assuming you're a regular student you don't need to worry about these.

Best of luck

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