BIM86058 | TMIA – Other Considerations: Student Loans

When considering Student Loans, regulations refer to a repayment amount equal to 9% of the student loan borrower’s total income excluding unearned income of up to £2,000.

If an individual claims the trading allowance then they do not need to include the income this allowance covers when calculating their total income for student loan repayments.

For more information regarding Student Loans in Self Assessment visit the gov.uk guidance.

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