becausebe
Joined: 9/16/2024
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RE: Student Loan Repayment and Pension Contributions
From what HMRC Admin 5 says above it sounds like it's possible to reduce the income from which your student loan is caluclated by making some pension contributions. If I pay into a Teacher's pension AVC through my employer each month will this reduced the income from which my student loan repayments are calculated? It says on their info sheet 'AVC payments are deduceted from your salary before tax'.