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Do you pay tax on student loan repayments?

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Tom171083

Tom171083 Posts: 1 Newbie

24 May 2018 at 9:52PM 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

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Comments

molerat Posts: 34,595 Forumite

24 May 2018 at 10:56PM

Student loan repayments are based on your gross pay and are not allowable against tax so yes, they are paid from taxed pay.

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