The manner in which you repay hinges on whether you work with somebody else (employed) or work with your self (self used).
If you are used
In the event that you took away your education loan on or after 1998, repayments are going to be obtained from your wages. You will see the repayments in your wage slide.
You will begin paying it back once again once you earn much more than the usual amount that is certain of, referred to as a ‚salary limit‘.
The wage limit happens to be ВЈ18,330.
In case the income falls underneath the income threshold your repayments will undoubtedly be stopped. They shall only start once more when you’re on the wage limit.
Find away more about repaying if you are used in the learning student Loan Repayment internet site.
If you should be self-employed
Your education loan repayments should be done during your Self-Assessment taxation return.
If you are filling out your Self-Assessment tax return tick the container saying you’ve got a learning pupil loan. Pokračování textu Invest the away a student-based loan when you are at university you must repay it.