John Peden
Joined: 10/11/2024
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Self Assessment Not Updated After Repaying Student Loans
As ltd company directors, my wife and I filed our self-assessments this year with our accountant and are due to pay income tax in Jan 2025. After filing our SAs we had some additional cash and repaid our Plan 1 and Plan 2 loans in full, however the tax we're due to pay in January 2025 is still showing the value that included a sizeable chunk of loan repayment. Do we have to resubmit our SAs for the amount due to be updated? The loans were cleared several months ago and the SLC portal shows us as having done so.