We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Student Loan repayments - tax implications
Hi all,
I graduated in the Summer and will start paying back my student loan in April 2011. I know that I will pay 9% of my gross earnings above £15k, but on my payslip will this be deducted pre-tax or in the same area as tax and NI?
Grateful for any help,
Thanks!
I graduated in the Summer and will start paying back my student loan in April 2011. I know that I will pay 9% of my gross earnings above £15k, but on my payslip will this be deducted pre-tax or in the same area as tax and NI?
Grateful for any help,
Thanks!
0
Comments
-
Mine is deducted in the same section of my payslip as Tax, NI, Pension etc.
F4F0 -
doesnt it rise to 21k next year?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 348.9K Banking & Borrowing
- 252.4K Reduce Debt & Boost Income
- 452.7K Spending & Discounts
- 241.8K Work, Benefits & Business
- 618.4K Mortgages, Homes & Bills
- 176K Life & Family
- 254.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards