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student loans
scratching_head
Posts: 3 Newbie
in Loans
I went to university starting in 2012. I appreciate that I will be required to pay 9% student tax on any earnings above £21,000.
My question is about the term "earnings". Is any income obtained through Isa's and National Savings Index Linked Bonds considered as earnings? That is, is that income from these vehicles (which is tax free) added to my earnings through work and taxed at 9%.
Also, will any income from, say investment bonds (which are not tax free) be added to my earned income and taxed.
Many thanks for any replies.
My question is about the term "earnings". Is any income obtained through Isa's and National Savings Index Linked Bonds considered as earnings? That is, is that income from these vehicles (which is tax free) added to my earnings through work and taxed at 9%.
Also, will any income from, say investment bonds (which are not tax free) be added to my earned income and taxed.
Many thanks for any replies.
0
Comments
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Unless you fill in a self assesment form then only those via PAYE are classed as your earnings for loan0
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