Harry

Just to check this remains the case for the current Self Assessment period just opening? There is a clear discrepancy here between self assessment and PAYE assessed income. This heavily penalises Self Employed work over PAYE employment. Why is the income already assessed for Student Loan repayment through PAYE not removed from the calculation and the remaining income assessed again against the thresholds separately again as would happen with another PAYE income? For those with small Self employed income attached to multiple employments will get heavily hit by this approach from HMRC, just by falling into the Self Assessment bracket. It incentivises avoiding falling into SA (and in doing so making lower SL repayments by potentially £1000s) surely?