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Posted Thu, 26 Sep 2024 20:38:25 GMT by Matt Jackson
My Student Loan has less than £4,000 left on it (accounting for interest due between now and end of January 2025). Having just completed my return for 2023-24 it says that my Student Loan Repayment will be more than £5,000. Do I need to adjust my return in some way or will the excess be accounted for automatically?
Posted Mon, 07 Oct 2024 08:35:34 GMT by HMRC Admin 17 Response

Hi ,
 
The return will be correct based on the period it relates to and cannot take into account payments in future years.

This will then be reflected in the 24/25 tax return .

Thank you .

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