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Do you pay tax on student loan repayments?
Tom171083
Posts: 1 Newbie
in Cutting tax
Hi,
Does anyone know if you pay tax in the money that comes directly out of your payslip to pay off your student loan?
Regards,
Tom
Does anyone know if you pay tax in the money that comes directly out of your payslip to pay off your student loan?
Regards,
Tom
0
Comments
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Student loan repayments are based on your gross pay and are not allowable against tax so yes, they are paid from taxed pay.0
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