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Education > Grad students, tenured > Re: Effect of b...
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Re: Effect of becomming a director on student tax status

by "Daniel Kelly \(AKA Jack\)" <d.kellyNOSPAM@[EMAIL PROTECTED] > Aug 16, 2004 at 02:34 PM

Brilliant,  thanks loads for the reply.

Jack




"Francis Davey" <fjmd1@[EMAIL PROTECTED]
> wrote in message
news:2o70ctF7cg46U1@[EMAIL PROTECTED]
> Daniel Kelly (AKA Jack) wrote:
>
>
> >
> > As a PhD student I earn 12,500 UKP per year, untaxed.  I do not have
to
pay
> > income tax or council tax.
> >
>
> OK. I thought that might be where the confusion was coming from. As I
> recall, most academic grants are tax-exempt, so that you do not pay
> income tax on them. You certainly *do* have to pay income tax, you and
> every other student. However your taxable income is likely to be so low
> as to take you under your personal allowance, so that your net tax bill
> is 0.
>
> However if you have income that is taxable from other sources than your
> grant which is more than the personal allowance, then that is taxable.
>
> On council tax: council tax is charged on properties not people. A
> property occupied solely by students is exempt from council tax, but
> students individually are not. If a student shares with a non-student
> the property has council tax levied on it. How the occupants divide up
> that liability is up to them.
>
> Francis Davey
 




 13 Posts in Topic:
Effect of becomming a director on student tax status
"Jack Kelly" &l  2004-08-13 11:42:53 
Private Message
   2004-08-13 16:28:29 
Private Message
   2004-08-13 17:43:57 
Re: Effect of becomming a director on student tax status
Francis Davey <fjmd1@[  2004-08-13 23:33:50 
Re: Effect of becomming a director on student tax status
"Daniel Kelly \(AKA   2004-08-14 10:56:54 
Re: Effect of becomming a director on student tax status
Francis Davey <fjmd1@[  2004-08-14 18:27:44 
Re: Effect of becomming a director on student tax status
"Daniel Kelly \(AKA   2004-08-16 14:34:50 
Re: Effect of becomming a director on student tax status
Tom <me@[EMAIL PROTECT  2004-08-13 22:35:13 
Re: Effect of becomming a director on student tax status
"Daniel Kelly \(AKA   2004-08-14 10:58:33 
Re: Effect of becomming a director on student tax status
Tom <me@[EMAIL PROTECT  2004-08-14 10:25:58 
Re: Effect of becomming a director on student tax status
"Daniel Kelly \(AKA   2004-08-14 11:52:33 
Re: Effect of becomming a director on student tax status
Tom <me@[EMAIL PROTECT  2004-08-14 11:08:47 
Re: Effect of becomming a director on student tax status
"Daniel Kelly \(AKA   2004-08-14 12:56:58 

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