Employing students in the summer holidays
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 £1,048 a month on average, and
- pay NIC if they earn more than £190 a week from 6 April 2022 to 5 July 2022 and more than £242 from 6 July 2022 to 5 April 2023.
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 £12,570, and
- National Insurance if they work for a UK employer.
If students work for a foreign employer, they do not need to pay National Insurance in the UK, but may have to pay contributions in the country they are working in.
- Chancellor targets business growth in Spring Budget - March 20, 2023
- Budget summary 15 March 2023 - March 16, 2023
- Leaving your business? Why you should plan an exit strategy - March 10, 2023
- Thinking of ditching the 9-5 and going self-employed? - March 8, 2023
- Why close a limited company - March 7, 2023
- A reminder – points add up to penalties from 1 January 2023 - March 2, 2023
- Tax Diary March/April 2023 - March 1, 2023
- Gaps in your National Insurance record - March 1, 2023