Self Assessment - Income tax & Student Loan Repayments

TemmyTemjin

Hello,


I'm in the process of filling in my 17-18 SA tax return. However there is a strange thing happening in the calculation in regards to student loan repayments which I don't understand.

I'm trying to contact HMRC about it, but on the off chance was curious if anyone here might be able to shed some light on it.

The situation is this:
- During 2017/2018 I paid £226 of student loan deductions via employment (that's the number on my P60)
- In June 2017 I switched over to pay the remainder of my student loans via direct debit
- I cleared the student loan last month (horray!)


In my 17/18 SA return the section regarding student loans correctly has the P60 figure of £226. I've also said 'yes' to the ' will this loan will be repayed within two years?' question.

When it comes to the final calculation however, this is happening:




£1,881 is being added to my income tax via student loans. However myself, and the student loans company I talked to today, have no idea where this number is coming from.

Anybody have any idea why HMRC might be throwing that at me? The way I'm seeing this is I'm being asked to pay a huge amount due to a loan which I've already (since last month) utterly cleared.


Thanks!

TemmyTemjin

I've contacted HMRC. My enquiry got forwarded to a specific department (unfortunately no direct contact number exists for them).

In this case they advised because the loan is paid, to remove the section from the SA about student loans and add a note on the return as to this was done on their advice.