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Threshold Payment
terrash1
Posts: 2 Newbie
I contacted SLC and in the year 2022-2023 I earned £41 over the threshold on a plan 2 payment. (I earned 27336, the threshold is 27295)
I have payed over £300 in payments for this year but they are refusing to refund part of it as I still earned above the threshold
Is it correct I should only pay 9% of what I earn above the threshold? So technically I should have paid £3.80 instead of over £300
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Comments
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No because if you are paid monthly the threshold is £27,295/12.terrash1 said:I contacted SLC and in the year 2022-2023 I earned £41 over the threshold on a plan 2 payment. (I earned 27336, the threshold is 27295)I have payed over £300 in payments for this year but they are refusing to refund part of it as I still earned above the thresholdIs it correct I should only pay 9% of what I earn above the threshold? So technically I should have paid £3.80 instead of over £3000
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