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  • RE: Student loan repaid during tax year but self assessment is calculating that I still owe money

    Hi, I also am experiencing this issue where my self assessment calculation is trying to charge £5K in ‘underpaid’ student loan payments, although I cleared the balance of my student loan during the tax year. Reading through the forums, there seem to be two suggested approaches to this. Either to select ‘no’ on the self assessment student loans section, and then add a comment in additional information stating that you paid off your student loan in that tax year. Or as this thread suggests to submit the calculation and then contact HMRC to adjust the balance retrospectively. Please can I ask which is the advised method out of these two? Also if anyone has comments about their experience of sorting this issue that would be gratefully received. Thanks