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Loan Repayment Question - Multiple Jobs

The_doomed
Posts: 261 Forumite
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?
Will I have to pay a lump sum at the end of the year or what?
Can I avoid paying it?
0
Comments
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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.0 -
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?0
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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 ideal0
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