The answer to the above question is Yes and No. It really depends on If you fall under the Income Tax Regulation of UK to actually pay the Inland Revenue Income Tax for Students.

Lets see if students pay taxes in UK? or Do you Qualify for student tax exemption

If you’re a student in UK and you are currently working in UK. Your work can be full time or part time.  You’ll have to pay Income Tax and National Insurance if you earn over a certain amount. This still applies if you work abroad during your holidays, and if you’re a foreign student working in the UK

If you work part time or full time in UK, any Income Tax and National Insurance due will be deducted from your wages before you receive them. This is known as Pay As You Earn (PAYE). Your employer has direct access to PAYE and they can deduct your taxes as and when applicable.

Everybody can earn a certain amount before they start paying Income Tax – this is the personal allowance (£6,035 for the tax year 2008-2009). For the tax year 2008-2009, you start making National Insurance contributions when you earn above £105 a week.

If you’re a full-time student with a holiday job, you may not need to pay tax through PAYE, You can ask your employer for a form P38. If you think you have overpaid any taxes, you can always ask for a Tax refund.