Income Tax and National Insurance Contributions
Will you have to pay Income Tax?
Income tax is paid by everyone who works in the UK, including students if they earn over a certain amount during the tax year which runs from April to April. Whether or not you will have to pay Income Tax depends on how much you earn and not on the number of hours you work. Everyone can earn a certain amount of money in each tax year on which no tax has to be paid, this is called your personal allowance. If your earnings from your part-time job are below your personal allowance then you do not have to pay Income Tax. If your earnings are above your personal allowance then you will pay Income Tax on the difference. For more information please click on the link below:
Will you have to pay National Insurance Contributions?
If you want to work in the UK you have to register for a National Insurance Number and immediately start paying National Insurance Contributions, which are calculated as a percentage of your gross pay. For more information please click on the link below: