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Aspiring Lawyers - Applications & General Advice
General Discussion
LPC Grants - Taxable income?
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<blockquote data-quote="Jaysen" data-source="post: 63646" data-attributes="member: 1"><p>Sure.</p><p></p><p></p><p></p><p>He said:</p><p></p><p>"I can confirm that the employer sponsored grant will be tax free up to an maximum of £15.480 per academic year. The student will have to pay Class 1 NIC on his employment earnings and obviously income tax once above the personal allowance (but only on the employment income)."</p><p></p><p>I'd just flag that this is based on the limited information I've given him, but it looks like you won't have to worry here!</p></blockquote><p></p>
[QUOTE="Jaysen, post: 63646, member: 1"] Sure. He said: "I can confirm that the employer sponsored grant will be tax free up to an maximum of £15.480 per academic year. The student will have to pay Class 1 NIC on his employment earnings and obviously income tax once above the personal allowance (but only on the employment income)." I'd just flag that this is based on the limited information I've given him, but it looks like you won't have to worry here! [/QUOTE]
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LPC Grants - Taxable income?
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