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Loan Repayment Question - Multiple Jobs

The_doomed
The_doomed Posts: 261 Forumite
in Student MoneySaving
I earn over £15,000 thus I should be paying 9% PA of my income towards my student loan. However, I have several jobs and not one of them is above £15,000 on its on.

Will I have to pay a lump sum at the end of the year or what?
Can I avoid paying it?

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    The_doomed wrote: »
    I earn over £15,000 thus I should be paying 9% PA of my income towards my student loan. However, I have several jobs and not one of them is above £15,000 on its on.

    Will I have to pay a lump sum at the end of the year or what?
    Can I avoid paying it?

    I think avoiding paying it is comppletely illegal :-/

    However, not sure how you do go about paying it! I would wait until you get P60's etc. and it maybe, maybe, on tax return form about student loan.
  • Oldernotwiser
    Oldernotwiser Posts: 37,425 Forumite
    No, you can't avoid paying it as it's based on your total earnings, not individual jobs. When did you first earn over the £15,000 threshold?
  • The_doomed
    The_doomed Posts: 261 Forumite
    Only due to commence paying it as of this financial year, ive no problem paying back what im due in this financial year but any delay would be ideal ;)
This discussion has been closed.
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