Student Loan Repayments

Student Loan Repayments

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We act for a Client who is a Basic Rate Taxpayer, and will remain so once the mortgage interest deduction upon his investment property is lost. However, he has an outstanding Student Loan. Will the increased taxable income lead to increased student loan repayments? Can find no mention of this anywhere.

Edward.

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By Anne Robinson
13th Oct 2015 08:50

I think it used to be a limit of
£2000 unearned income not counted but not sure if the levels have changed

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