Latest News

January 2014

Student loan repayment threshold for tax year 2014/15

HMRC has confirmed that from 6 April 2014 the student loan threshold will rise from £16,365 to £16,910.

2014/15 thresholds for student loan borrowers :

Annual - £16,910
Monthly - £1,409
Weekly - £325

The rate of deduction remains the same at 9%.

For more information about this please call our payroll manager, Kerrie Lucas, on 02476 518 555.