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

Sime · 28 Sep 2009 at 12:24

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

feriso · 28 Sep 2009 at 12:38

Yeah, did it when i did my placement in '99, got about £600 back

a1ex2001 · 28 Sep 2009 at 12:43

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.

DB_SamX · 28 Sep 2009 at 13:08

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.

TheMagicPirate · 28 Sep 2009 at 13:32

Why do you get your tax back?

Raymond Lin · 28 Sep 2009 at 13:35

TheMagicPirate said:
Why do you get your tax back?

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.

TheMagicPirate · 28 Sep 2009 at 13:43

Raymond Lin said:
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.

Ahh, that makes sense.