Hi
If I graduated and set up my own company, how would the calculations work for student loan repayments?
Example 1:
Gross Business Income: £100,000
Net Business Income: £20,000
Example 2:
Gross Business Income: £100,000
Net Business Income: £50,000
Would a person make repayments of anything they earn over the £27,500 threshold, or anything the company earns over £27,500?