April 2025 Postgraduate loan repayment threshold frozen

As anticipated by PAYadvice.UK, the Department for Education (DfE) and Welsh Government has confirmed (Thursday 14th November 2024) the Postgraduate Income Contingent Student Loans repayment threshold to apply from 6th April 2025. From 6th April 2025 the repayment threshold for Postgraduate loans will continue to be frozen at: £21,000. (c) PAYadvice.UK 2024 Part of Tax … Continue reading April 2025 Postgraduate loan repayment threshold frozen →

Overcharged Student Loan for those who Self Assess who have payrolled benefits in kind

As part of agent update 112 published 20th September 2023, HMRC have provided a response to a submitted question around Pay-rolled Benefits in Kind and Student Loan Deductions for borrowers in Self-Assessment. As a result of the question HMRC now confirm that for some student loan borrowers in repayment, that they were being over charged … Continue reading Overcharged Student Loan for those who Self Assess who have payrolled benefits in kind →