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pre 1998 student loan -pension deductions?
Hi my wife still has her university loan from the 90's. She is starting full time work soon and pay is just over the threshold for repayment. My question is can you deduct her 7.5% pension contribution from her gross salary for the purpose of the student loan repayment threshold?
Thanks
Thanks
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Comments
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I'm pretty sure you can't - it will be based on gross annual pay before any deductions at all.
Hopefully someone will be able to confirm soonish.Fritterati Challenge for 2013:
£2202/£3000 saved (73%) :j
Take lunch to work and stop frittering!0 -
Yes, the agreements and deferment forms all work from gross income as far as I've ever seen.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
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