Are you being overtaxed?
Posted November 28th, 2008 by Fergus Neilson
Young people (who are new to the rituals and requirements of employment) and students in particular, who may have several jobs in one year, or several jobs at the same time are regularly being overtaxed because they are not being issued with a P46 whenever they start a job. Instead they are taxed at basic rate.
There needs to be some basic education given to these kids in the 6th form. When they are being taught how to construct a CV for example, wouldn’t it be a good idea to instruct them also in the workings of our PAYE system?
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