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  • FIRST POST
    • NationalElfService
    • By NationalElfService 14th Sep 17, 12:53 PM
    • 12Posts
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    NationalElfService
    Self-assessed Tax, PAYE and student loan
    • #1
    • 14th Sep 17, 12:53 PM
    Self-assessed Tax, PAYE and student loan 14th Sep 17 at 12:53 PM
    Hi all,

    So i'm filling out my first ever SA tax return for some rental income I've earned between Nov-Apr last year.

    I was merrily filling in the form, and it asked me to enter my Student Loan repayments (payment plan 1) for last year, which was £753.

    When it came time to the actual calculation there was a line that read:

    "plus Student Loan repayments" which amounted to £846!

    Does this money go to the Student loan company or is it paid to HMRC?

    I wasn't really expecting it, but if it goes towards paying off my student loan a bit faster I guess I can't really complain too hard. Just hoping to understand where this money goes!

    Thank you,

    NES
Page 1
    • Pennywise
    • By Pennywise 14th Sep 17, 1:27 PM
    • 9,107 Posts
    • 16,517 Thanks
    Pennywise
    • #2
    • 14th Sep 17, 1:27 PM
    • #2
    • 14th Sep 17, 1:27 PM
    HMRC pay it to the student loan company
    • agrinnall
    • By agrinnall 14th Sep 17, 5:47 PM
    • 18,434 Posts
    • 14,147 Thanks
    agrinnall
    • #3
    • 14th Sep 17, 5:47 PM
    • #3
    • 14th Sep 17, 5:47 PM
    Your PAYE student loan repayments are also taken by HMRC and passed on to SLC at the end of the year.
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