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Threshold Payment

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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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  • Ed-1
    Ed-1 Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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 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 
    No because if you are paid monthly the threshold is £27,295/12.
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