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Any students who have had a Uni placement and got a tax rabate?

Discussion in 'General Discussion' started by Sime, 28 Sep 2009.

  1. Sime

    Mobster

    Joined: 8 Nov 2006

    Posts: 2,866

    Ive just finished my University Placement and am just wondering how I go about claiming my Tax back? Anyone done it before?

    Its it as simple as filling out the P50 form from the HMRC and sending it off?

    Thanks everyone :)
     
  2. feriso

    Mobster

    Joined: 30 Dec 2004

    Posts: 2,872

    Location: Stoke-on-Trent

    Yeah, did it when i did my placement in '99, got about £600 back :D
     
  3. a1ex2001

    Capodecina

    Joined: 14 Mar 2005

    Posts: 13,552

    Location: Here and There...

    surely all students who've had a placment have done this?

    Yes it is just as simple as filling out the form and awaiting the cash.
     
  4. DB_SamX

    Sgarrista

    Joined: 17 Feb 2006

    Posts: 8,153

    Location: Winchester

    Yes, you can get it back.

    HMRC are not mind readers. It's only once the tax year is over that they can work it out. They can't tell if you have started a placement or a full time job unless you let them know.
     
  5. TheMagicPirate

    Wise Guy

    Joined: 9 Jun 2005

    Posts: 2,207

    Location: A Beer Garden in the Toon

    Why do you get your tax back?
     
  6. Raymond Lin

    Capo Crimine

    Joined: 20 Oct 2002

    Posts: 66,699

    Location: Wish i was in .Lethal's house

    I suspect its because you earn less than you allowance within that tax year.

    ie April to ending your job in August and went back to uni, so the 4 months wages is less than £4/5k.
     
  7. TheMagicPirate

    Wise Guy

    Joined: 9 Jun 2005

    Posts: 2,207

    Location: A Beer Garden in the Toon

    Ahh, that makes sense.