Self Assessment/Student Loan Query

camprasia

Free Member
Nov 30, 2023
6
0
Hello,

I am helping my wife with her self assessment submission. She is employed by the local council, and she also has dividends from our family company, hence the need for a self assessment submission.

I am wondering why student loan repayments are added to the "Income Tax Due" in the calculation? Is this correct if she has already paid this student loan amount through her job?
Is this a mistake on my part?

Here is what the calculation displays

ibb.co/2FbQvTx

Thanks!
 

Newchodge

Moderator
  • Business Listing
    Nov 8, 2012
    22,673
    8
    7,981
    Newcastle
    It's very strange.

    HMRC automatically gets the right amount (£1064), yet on the calculation, it goes up to £1429?

    See here - ibb.co/0yNmyn6
    They get the right % of PAYE earnings, what about payment on additional income?
     
    Upvote 0

    Latest Articles

    Join UK Business Forums for free business advice