Moving to Dubai, but living off UK income (Tax + student loan Q)

jmartin1992

So I am planning on moving back to the UAE to live with family. I currently have a job in the UK I intend to resign from + a 20% stake in a small shop in the UK and receive monthly income. I intend to be in the UK <16 days per year so will be classed as a non-resident. I understand that I will continue to pay tax on this income in the UK before it comes to me in the UAE. My main question is about my student loan. Since I won't be earning in the UAE I have nothing to declare other than my income in the UK which is <£20k per year. My understanding is this would make me exempt from student loan repayment although I continue to pay tax. Is this correct? Any advice would be much appreciated. 

Teahfc

If you are moving abroad for longer than three months then you will have to contact the students loan Company (SLC) to organise your student loan payments. When you live in the UK, you don't have to think about paying back your loan as obviously HMRC takes the money automatically from your Pay if you breach the threshold.

Your student loan won't be cancelled just because you're moving overseas. You'll still have to pay it back. If you don't, the penalty is a “fixed monthly payment” that you have to pay instead of the normal monthly repayment amount.

jmartin1992

Teahfc said:

If you are moving abroad for longer than three months then you will have to contact the students loan Company (SLC) to organise your student loan payments. When you live in the UK, you don't have to think about paying back your loan as obviously HMRC takes the money automatically from your Pay if you breach the threshold.

Your student loan won't be cancelled just because you're moving overseas. You'll still have to pay it back. If you don't, the penalty is a “fixed monthly payment” that you have to pay instead of the normal monthly repayment amount.

Thanks, but i knew this declaration was necessary. My question was that my income is solely going to be generated in the UK and it will be beneath the threshold required for repayment. I am not working in Dubai, just living with family.

Socajam

jmartin1992 said:

Teahfc said:

If you are moving abroad for longer than three months then you will have to contact the students loan Company (SLC) to organise your student loan payments. When you live in the UK, you don't have to think about paying back your loan as obviously HMRC takes the money automatically from your Pay if you breach the threshold.

Your student loan won't be cancelled just because you're moving overseas. You'll still have to pay it back. If you don't, the penalty is a “fixed monthly payment” that you have to pay instead of the normal monthly repayment amount.

Thanks, but i knew this declaration was necessary. My question was that my income is solely going to be generated in the UK and it will be beneath the threshold required for repayment. I am not working in Dubai, just living with family.

So you took the taxpayer's money, got educated and now you want to run out without paying it back.
Before you tell you that you paid taxes, yes you did, but so does everyone on this site.
There are young people who will come after you needing student loans and for everyone who choose your option, the consequences will be harder for them.  We all pay for each other
The sooner the Government tighten up on the student loans debacle, the better.  Trust me it's coming and a lot of people are not going to like what the changes are going to be.

Speedbird676

If you are living abroad you need to refer to the following, depending if you have a Plan 1 or Plan 2 student loan:
https://www.gov.uk/government/publications/overseas-earnings-thresholds-for-plan-1-student-loans - £11,635
https://www.gov.uk/government/publications/overseas-earnings-thresholds-for-plan-2-student-loans - £15,945

If your earnings are less than the relevant thresholds then you do not need to make any payments.

Smashingitnow

Socajam said:

jmartin1992 said:

Teahfc said:

If you are moving abroad for longer than three months then you will have to contact the students loan Company (SLC) to organise your student loan payments. When you live in the UK, you don't have to think about paying back your loan as obviously HMRC takes the money automatically from your Pay if you breach the threshold.

Your student loan won't be cancelled just because you're moving overseas. You'll still have to pay it back. If you don't, the penalty is a “fixed monthly payment” that you have to pay instead of the normal monthly repayment amount.

Thanks, but i knew this declaration was necessary. My question was that my income is solely going to be generated in the UK and it will be beneath the threshold required for repayment. I am not working in Dubai, just living with family.

So you took the taxpayer's money, got educated and now you want to run out without paying it back.
Before you tell you that you paid taxes, yes you did, but so does everyone on this site.
There are young people who will come after you needing student loans and for everyone who choose your option, the consequences will be harder for them.  We all pay for each other
The sooner the Government tighten up on the student loans debacle, the better.  Trust me it's coming and a lot of people are not going to like what the changes are going to be.

What a terrible misunderstanding of the situation and really unpleasant message. Posting a question on a forum asking for specific advice isn't an excuse for you to abuse them.
He is still working and paying taxes in the UK. On those earnings no repayment on the SL would be due anyway therefore his living abroad is not dodging or changing anything. You should probably get used to the fact that Little Britain isn't the future and lots of people including many future high earners will spend a part if their career abroad. Like the OP they might ask a reasonable question to ensure they are doing everything correctly. They don't need your nasty remarks.

Jeremy535897

I wonder how many people who were fortunate to get their university education for free would have similar views though?

Socajam

Smashingitnow said:

Socajam said:

jmartin1992 said:

Teahfc said:

If you are moving abroad for longer than three months then you will have to contact the students loan Company (SLC) to organise your student loan payments. When you live in the UK, you don't have to think about paying back your loan as obviously HMRC takes the money automatically from your Pay if you breach the threshold.

Your student loan won't be cancelled just because you're moving overseas. You'll still have to pay it back. If you don't, the penalty is a “fixed monthly payment” that you have to pay instead of the normal monthly repayment amount.

Thanks, but i knew this declaration was necessary. My question was that my income is solely going to be generated in the UK and it will be beneath the threshold required for repayment. I am not working in Dubai, just living with family.

So you took the taxpayer's money, got educated and now you want to run out without paying it back.
Before you tell you that you paid taxes, yes you did, but so does everyone on this site.
There are young people who will come after you needing student loans and for everyone who choose your option, the consequences will be harder for them.  We all pay for each other
The sooner the Government tighten up on the student loans debacle, the better.  Trust me it's coming and a lot of people are not going to like what the changes are going to be.

What a terrible misunderstanding of the situation and really unpleasant message. Posting a question on a forum asking for specific advice isn't an excuse for you to abuse them.
He is still working and paying taxes in the UK. On those earnings no repayment on the SL would be due anyway therefore his living abroad is not dodging or changing anything. You should probably get used to the fact that Little Britain isn't the future and lots of people including many future high earners will spend a part if their career abroad. Like the OP they might ask a reasonable question to ensure they are doing everything correctly. They don't need your nasty remarks.

You gave your opinion and I gave mine - which differs - that the beauty of living in a free society.
Your opinions do not matter to me, so please calm down and let the OP deal with it.

sheramber

if he stayed in this country and that was his only income he would not pay anything back.What is the difference if the moves elsewhere.

silvercar

sheramber said:

if he stayed in this country and that was his only income he would not pay anything back.What is the difference if the moves elsewhere.

The slc will ask for proof that he has no income abroad, this is a hard one to satisfy. They will require evidence that he is being supported by family and has no personal income.
This is to prevent people moving overseas and claiming to have no income when really they are earning.
Once the slc is satisfied that he has no income they will agree to no payments. If they suspect that he has some income and isn't declaring they will levy the monthly charge for that country for undeclared income. (£147.60/ £120.60 depending whether plan 1 or plan 2). So it would be wise to provide all the information that slc asks for, even if it seems onerous.