Student Tax Aware Week runs until 10 March 2008. It is part of a campaign by HMRC to help “students manage tax better and develop good financial habits”.
Commenting on the campaign, Jane Frost, Director of HMRC Individuals Customer Unit said: "With three quarters of students working it's vital they understand they have the same responsibilities as everyone else for their tax and national insurance.
"This campaign will make dealing with tax easier for students, from National Insurance to tax refunds. Getting into good financial habits now will serve them well in the future."
HMRC's Student Tax Advice campaign is being supported by the National Union of Students (NUS), universities and student finance organisations. A new website for the campaign aims to become the first port of call for students with questions about tax: http://www.studenttaxadvice.org.uk.
Ama Uzowuru, Vice President Welfare at the NUS, says
"We're delighted to be working with HMRC to help students find the right advice whenever and wherever they need it.
According to the campaign, students need to know about the following:
- Their tax code
- What to do with forms such as the P45, P60 and P38(S)
- What to do if they have more than one job
- What National Insurance is
- The importance of knowing and using their National Insurance Number (NINO)
- Ensuring HMRC has their current address
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Students By Simon Sweetman