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Posted Sun, 01 Sep 2024 14:48:52 GMT by RichardD1
Hello, I've just completed my first Self Assessment, and I'm not sure how it's calculated the Student Loan figure. Could anyone clarify please? I'm on a Plan 1 Student Loan. I have several sources of income: Main job + benefits Part-time job (less than £5k/yr) Dividends Interest on savings I thought it would ignore the part-time job (as it is less than the threshold), add all the others together, minus £22,015 (the threshold), and multiply by 9%. But it's not. I've tried everything, and can't get the figure to match. Does anyone know if I've missed anything? Thanks
Posted Wed, 11 Sep 2024 13:10:06 GMT by HMRC Admin 20 Response
Hi,
Unfortunately, we are unable to provide specific advice tailored to individual circumstances you may wish to contact our helpline:
Income Tax: general enquiries
This link may also be of use: Repaying your student loan
Thank you.

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