paid student loan this financial yr but now under threshold - can it be claimed back?

dadooronronrondadooronron

Hello, My sister was telling me about her annoyance that she has ended up paying between £300-£400 to student loans due to some work she did prior to Christmas. This was contracting work and she was paid weekly - so ended up paying in region of £70 per week to student loan via PAYE.

The work then stopped and she is just working part-time. She believes that by the time she is paid at the end of March her total earnings for 2014/15 tax year will be £15000 (or therabouts).

She has been told by friends that she can reclaim the amount paid but has been given conflicting information about how to do this.

She phoned Student Loans and was told she would have to wait until they are informed of her earnings by HMRC. Student loans siad they will send her a statement and that only then could she submit a request to claim money back. When sis asked when approx the statement would be issued she was told it could be September/October time.

Sis then had to ring HMRC about another matter and happened to mention it to them. She was told that once she has her P60 she can contact HMRC and ask for the overpayment to be returned.

She has tried student loans again - but was kept hanging on the phone so long that she gave up.

Any advice please? Also - she thinks similar thing happened the previous year (2013/2014) - only she didnt realise could claim it back. Is it too late to query that year now?

Thanks. I said I would ask for expert advice on here.

atypical

Student Loans Company needs to be sure that a person has earned less than the threshold in a given year before refunding any loan repayments.

This can either be achieved by providing them with P60s from all her employers, or you can wait for the employers to provide the same information to HMRC directly as they're obliged to do (this used to occur within a few months of tax year end but the process is currently changing). She could also send copies of all her payslips showing what she earned over the year.

Student Loans Company should have information from HMRC for the 2013/14 year so can refund any loan repayments immediately if any are due.