Turn on thread page Beta
    • Thread Starter
    Offline

    5
    ReputationRep:
    I get the maximum loan available for my situation, does this count towards my personal allowance in terms of how much I can earn before being taxed?
    • Community Assistant
    • Very Important Poster
    Offline

    20
    ReputationRep:
    Community Assistant
    Very Important Poster
    (Original post by Demon King)
    I get the maximum loan available for my situation, does this count towards my personal allowance in terms of how much I can earn before being taxed?
    No.

    [A] type of income which [is] non-taxable and can be ignored for tax purposes include[s] :educational grants and student loans, including the parental contribution and scholarships.

    Source: https://www.citizensadvice.org.uk/tax/what-is-taxable-income/taxable-and-non-taxable-income/
    • Thread Starter
    Offline

    5
    ReputationRep:
    (Original post by Kvothe the arcane)
    No.

    [A] type of income which [is] non-taxable and can be ignored for tax purposes include[s] :educational grants and student loans, including the parental contribution and scholarships.

    Source: https://www.citizensadvice.org.uk/tax/what-is-taxable-income/taxable-and-non-taxable-income/
    Fantastic, thank you!
 
 
 

University open days

  1. University of Edinburgh
    All Departments Undergraduate
    Sat, 22 Sep '18
  2. University of Exeter
    Undergraduate Open Days - Penryn Campus Undergraduate
    Sat, 22 Sep '18
  3. Loughborough University
    General Open Day Undergraduate
    Sat, 22 Sep '18
Poll
Which accompaniment is best?
Useful resources

Articles

Official student finance zone

Quick Link

Unanswered SAAS Threads

Groups associated with this forum:

View associated groups

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.