In good news...

[annwfyn]

I have a temp job!

OK, so it's only for a week, but I've not worked so far this year and so I should be able to take it all home. Lovely lovely money!

*does her happy dance*

Comments

[annwfyn.livejournal.com]

I vaguely remember getting some tax breaks on being a student, and as I've haven't worked so far this year I'm fairly sure I won't pay anything - I've earned about £100 so far for a day's temp work.

[wildrogue.livejournal.com]

As it was explained to me - Students pay tax except in the holidays (don't ask me). It's still the holidays so you're fine. You'll have to pay it after that but should you stay under the minimum limit you'll get a rebate (ha ha ha).

[jamespond.livejournal.com]

The 2005/2006 allowance is £4,895 you pay 22% on every bean above that until you pay 40%. There is no escape from the tax man.

[ksirafai.livejournal.com]

Just to make things a little more cheerful, you also get a 10% tax bracket from 4895 to 6765, then 22% on everything up to 36145 and 40% thereafter.

...I did have to look that up for the exact figures, but knew it generally. :)