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How to avoid paying student loan?

Is there such a thing to avoid paying student loan even the total earning exceeded the threshold?

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My client's income/total earning has exceeded the student loan repayment threshold a few years back. However, none of his previous Self Assessment Returns from his previous accountant show any repayment due despite the income/total earning clearly exceed the threshold. I cannot see how can I do the same for him in his last year tax returns without misfiling. Is there such a thing to avoid paying student loan?

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By paul.benny
02nd Aug 2019 18:30

I'm sure you've already read the guidance here:
https://www.gov.uk/guidance/tell-hmrc-about-a-student-loan-in-your-tax-r...

And checked on the Student Loan Company website?

Thanks (1)
Red Leader
By Red Leader
02nd Aug 2019 19:04

In my experience, HMRC pretty quickly picks up if there's an omission where SL repayments should have been included in the return.

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Replying to Red Leader:
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By Sandwich Mgt
02nd Aug 2019 22:28

It doesn't seem to get picked up in previous returns so I wonder whether I miss out a trick here? Thanks.

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Replying to Red Leader:
boat
By SouthCoastAcc
06th Aug 2019 12:09

Agree with red leader, that's my experience too.

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RLI
By lionofludesch
03rd Aug 2019 11:29

Tell your tightwad client that he needs to pay his debts.

You might be the next debtor he tries to evade.

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By Accountant A
03rd Aug 2019 13:03

Presumably, if there was "such a thing to avoid paying student loan even the total earning exceeded the threshold" then everyone would be doing it.

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Replying to Accountant A:
ALISK
By atleastisoundknowledgable...
03rd Aug 2019 13:31

Quote:

Presumably, if there was "such a thing to avoid paying student loan even the total earning exceeded the threshold" then everyone would be doing it.

Apparently if you’re in a partnership or LLP, student loan is calculated on turnover not profit. Some newish clients had just TOGC’d to a Ltd prior to meeting me due to this.

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Replying to atleastisoundknowledgable...:
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By Tax Dragon
05th Aug 2019 10:36

That doesn't sound right (in any sense).

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Replying to atleastisoundknowledgable...:
Red Leader
By Red Leader
05th Aug 2019 11:21

What?!

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Replying to atleastisoundknowledgable...:
Lone Wolf
By Lone_Wolf
05th Aug 2019 11:34

And the ridiculous post of the day award goes to...

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Replying to Lone_Wolf:
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By Tax Dragon
05th Aug 2019 11:46

Hey, I can't win it every day!

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Replying to Tax Dragon:
Lone Wolf
By Lone_Wolf
05th Aug 2019 13:44

We have a separate award just for you so that everyone else gets a chance to win.

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The triggle is a distant cousin of the squonk (pictured)
By Triggle
05th Aug 2019 20:45

Is it, perchance, an old style "mortgage" type student loan?

Repayments of those are made directly to the Student Loans Company and are not collected via self-assessment.

The client would have to have graduated between 1990 and 1997 to get one of those loans so this may be a bit of a long shot.

Anyway, how do you know that the client has a student loan still outstanding?

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