scholarship income Archives | Taxfile https://www.taxfile.co.uk/category/scholarship-income/ Tax advice & accounting services for South London businesses & SMEs Sun, 31 Oct 2021 21:01:31 +0000 en-GB hourly 1 Taxfile: Scholarship Income https://www.taxfile.co.uk/2009/02/taxfile-scholarship-income/ Sat, 28 Feb 2009 14:46:00 +0000 http://www.taxfile.co.uk/new-Taxfile-WP-blog/?p=24 By scholarship we mean an exhibition, bursary or any other similar educational endowment. If the holder of the scholarship is receiving full-time education at a university, college or school then the income from the scholarship is exempt from tax. The rate of payment including lodging, subsistence and travelling allowances is now £15,480 a year, £1,290 […]

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