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  • FIRST POST
    • NationalElfService
    • By NationalElfService 14th Sep 17, 12:53 PM
    • 12Posts
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    NationalElfService
    Self-assessed Tax, PAYE and student loan
    • #1
    • 14th Sep 17, 12:53 PM
    Self-assessed Tax, PAYE and student loan 14th Sep 17 at 12:53 PM
    Hi all,

    So i'm filling out my first ever SA tax return for some rental income I've earned between Nov-Apr last year.

    I was merrily filling in the form, and it asked me to enter my Student Loan repayments (payment plan 1) for last year, which was 753.

    When it came time to the actual calculation there was a line that read:

    "plus Student Loan repayments" which amounted to 846!

    Does this money go to the Student loan company or is it paid to HMRC?

    I wasn't really expecting it, but if it goes towards paying off my student loan a bit faster I guess I can't really complain too hard. Just hoping to understand where this money goes!

    Thank you,

    NES
Page 1
    • Pennywise
    • By Pennywise 14th Sep 17, 1:27 PM
    • 10,319 Posts
    • 19,249 Thanks
    Pennywise
    • #2
    • 14th Sep 17, 1:27 PM
    • #2
    • 14th Sep 17, 1:27 PM
    HMRC pay it to the student loan company
    • agrinnall
    • By agrinnall 14th Sep 17, 5:47 PM
    • 20,469 Posts
    • 16,257 Thanks
    agrinnall
    • #3
    • 14th Sep 17, 5:47 PM
    • #3
    • 14th Sep 17, 5:47 PM
    Your PAYE student loan repayments are also taken by HMRC and passed on to SLC at the end of the year.
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