Employing students in the summer break

If you employ students to manage your staff needs over the summer break period, you will need to add them to your payroll and apply PAYE and NIC rules.

Students should be advised that they will pay tax and NIC if:

  • they earn more than £1,042 a month on average, and
  • pay NIC if they earn more than £166 a week.

Students can also apply for a possible tax refund if they work for part of a tax year.

Students who normally live and study in the UK but work abroad during the holidays will need to pay:

  • UK tax on anything they earn above their Personal Allowance, currently £12,500, and
  • National Insurance if they work for a UK employer.

If you work for a foreign employer you don’t need to pay National Insurance in the UK, but you might have to pay contributions in the country you’re working in.

Latest Blog
21
Oct

Beat the Budget, what to do before November

The Chancellor’s Autumn Budget is only weeks away, and there is growing specula...

Read More
16
Oct

The benefits of effective succession planning

For many business owners and high value individuals, protecting family wealth is as i...

Read More
15
Oct

Managing debt and making cash work harder

Interest rates have now settled at levels many business owners and investors have not...

Read More
09
Oct

The basics of double entry bookkeeping

Even the most advanced accounting software is built on a principle that has stood the...

Read More