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unearned income
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NotChris
Posts: 6 Forumite
hi,
I'm just wondering if interest gained in cash ISA / premium bonds winning count towards unearned income for student loan repayment as they are not taxable?
I'm just wondering if interest gained in cash ISA / premium bonds winning count towards unearned income for student loan repayment as they are not taxable?
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does anyone have a source for the answer?0
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Edited as I misread the question.
For an employee, student loan repayments are calculated upon earned income only or more specifically, the figure used for calculating class 1 NI contributions.
It's a bit more complicated if you're self employed.
https://www.gov.uk/hmrc-internal-manuals/collection-of-student-loans-manual/cslm16030
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