From: Peter Saxton 
Newsgroups: uk.finance
Subject: Re: Student - confused!
Date: Mon, 30 Aug 2004 22:27:44 +0100

On Sun, 1 Aug 2004 22:21:09 +0100, "Joe Hunt"
 wrote:

>
>"Darren"  wrote in message
>news:2n2csvFrpeg6U1@uni-berlin.de...
>> Hi, this is doing my nut in now.
>>
>> I'm a full time student currently on summer holiday and a month ago I
>> started working for J.D. Wetherspoons full time. This is my first ever
>job.
>> Since I started I was on tax code BR but after filling in a p46 and
>sending
>> it to my employers pay roll dept [this was requested] it has now changed
>to
>> 474L WK1. However, I feel like I'm getting a bad deal.
>>
>> This week I have paid less tax but compared to people in the same
>situation
>> as me, I feel ripped off.
>>
>> My colleagues who are also students are paying £0 tax on £200/pw, I was
>> under the impression that the same would apply to me until I earn £4745
>for
>> the year.
>>
>> To date I have paid £128.65 tax on £698.43 earnings and £36.79 NI.
>>
>> Is this all correct or have I right to moan?
>>
>> Thanks
>> Darren.
>
>
>Hi Darren,
>
>I am a full time student too and joined a temping agency this summer. I
>filled in a P38 (S), not available to download but available from your
>employer and I only pay NI on earnings above £83/week at 10pc. No tax
>deducted at all.
>
>HTH,  Joe
>
It is available to download.

http://www.inlandrevenue.gov.uk/forms/p38s.pdf


-- 
Peter Saxton from London
peter@petersaxton.co.uk