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Over threshold by £500 Overpaid by £400 - can I still get a refund
ReasonFive
Posts: 2 Newbie
The plan etc. is immaterial so I'll keep it simple and omit. According to letter of reason one I have earned above the threshold in a previous tax year, but only marginally so (by just over £500) despite this, and for same reason as explained about repayment being deducted monthly based on monthly earnings where I was out of work for moist of the year, I was forced to pay over £400 of student debt off i.e. we are not talking voluntary repayment. SLC claim I cannot request this back, are they correct? It seems very unfair if they are.
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should have said this relates to recent article on STUDENT LOAN REFUNDS - sorry new to this.0
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No refund due. SLC are correct.0
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Slc are correct, however you could have made a pension contribution for £501 and then been under the threshold and had the £400 returned. Worth keeping an eye on your earnings near the year end.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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Only if made by salary sacrifice. Otherwise gross earnings remain the same.silvercar said:Slc are correct, however you could have made a pension contribution for £501 and then been under the threshold and had the £400 returned. Worth keeping an eye on your earnings near the year end.0
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