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Repayments-more than one job Watch

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    Hi, I finished my course in July 2015. I currently have 4 jobs that make up a full time income. I have read somewhere that because none on my employments meet threshold on £17000 I don't have to make any repayments. I am on student finance plan 1. Any advice would be appreciated. Thanks
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    (Original post by Francesca1988)
    Hi, I finished my course in July 2015. I currently have 4 jobs that make up a full time income. I have read somewhere that because none on my employments meet threshold on £17000 I don't have to make any repayments. I am on student finance plan 1. Any advice would be appreciated. Thanks
    Your repayments will be based on your total income (the same as your tax and NI calculations).

    It might be that they aren't recoverable via the PAYE system and you'll need to fill in a self assessment return for your taxes - this will also be used to calculate your student loans repayment (so if you're earning over the threshold in total make sure you're putting some money to one side to cover student loan and tax payments).
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    Hi Francesca1988

    Please also see the repayments website for information on repaying: http://bit.ly/1kg0AGq

    Your individual employer will not take deductions if under the threshold. As PQ said, if you have to do a self -assessed tax return, HMRC may bill you.

    Thanks
 
 
 
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Updated: January 24, 2017
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