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Salary sacrifice - Student maintenance loan
chrismriley
Posts: 19 Forumite
in Loans
Hi, I paid into a pension via salary sacrifice. If my child applies for a maintenance student loan, then do I have to declare the money put into salary sacrifice pension?
thank you for any help
thank you for any help
0
Comments
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No. The student loan is based on your taxable pay. Salary sacrifice reduces this, so the maintainance loan is based on the parental income after the pension payment.1
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