Do I have to pay tax if I'm only working during the holidays?
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Do I have to pay tax if I'm only working during the holidays?
David Malcolm (Student Finance Policy Officer) gives expert video advice on: Should I work during term time?; How much money do I have to earn to be eligible to pay income tax?; Do I have to pay tax if I'm only working during the holidays? and more...
You may have to pay tax if you're working during the holidays. It will depend if over the course of the entire year you run over your personal allowance, which you get before you have to start paying tax. If you are only working during the summer, and although you're working full-time and are therefore taxed as if you were working full-time for the year, but you know that you'll only be working for that short amount of time and won't run over your personal allowance, then you can ask your employer to give you something called a P38(S) form which basically allows Inland Revenue, H.M. Revenue and Customs to ignore your income for tax purposes for that summer. That's something to ask your employer for.