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    hi,
    i've been working during summers, been paid by bank transfer.
    i need to do my tax return for the last financial year so will need to declare what i earnt last summer, was just wondering if there's a way to avoid being taxed on my income? i know students get some form of relief on their income but i'm having trouble finding this in writing online, could someone please clarify?
    thanks
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    Students don't get a special income tax rate. Your tax code (e.g. 525L) shows you how much you can earn before tax, and you pay tax on anything over this. If you've paid tax in advance, and not earned over the limit for the year, you can claim it back.
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    As I'm sure you are aware, the only sure things in life are death and taxes. Students have no special exemptions from tax and if they have earned enough will pay something. Just declare your income and take a look on the HMRC website for the details.
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    i could have sworn there was a form that exempts tax on holiday jobs for students? did i make it up?
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    There is a form - it is called a P38(S) - but that wasn't what you asked. It applies to students with one holiday job, and who are not expected to earn more than the personal allowance; it doesn't exempt them from paying tax, just allows your employer to not deduct tax if you are in those circumstances - there is a difference. See the HMRC website.
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    ah yes, ok, no escape then! thanks
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    The myth that students do not pay tax really needs to die. The reality is that most students only work the summer in low paid jobs, which means that they don't hit the 5300+ cut off for paying 20%. They still need to pay NI however.
 
 
 
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