Student Loan repayment, P45 & Self Assessment


M

Martin

Hi,

Doubtless there's a simple answer to this, but I can't find it... :-(

Client has to repay SL. He left a job mid-year, hence P45 rather than a
P60, and thus no statement of SL deductions. He's become self-employed -
hence SATR is required.

In the absence of payslips, and suspecting uneven monthly salary payments in
previous job, what is the source of data for declaring in the SATR how much
SL was repaid in the year?

TIA
 
Ad

Advertisements

R

Robin

In the absence of payslips, and suspecting uneven monthly salary
payments in previous job, what is the source of data for declaring in
the SATR how much SL was repaid in the year?
IIRC the HMRC line is to encourage employees making SL repayments to
retain their payslips to cater for circs. such as these.

In their absence ISTM the only options are (i) ask employer for figure
the employer will need for the employer's EOY return (P14) or (ii) ask
HMRC for the figure they should have had from the employer on the P14.
 
Ad

Advertisements

M

Martin

Robin said:
IIRC the HMRC line is to encourage employees making SL repayments to
retain their payslips to cater for circs. such as these.

In their absence ISTM the only options are (i) ask employer for figure the
employer will need for the employer's EOY return (P14) or (ii) ask HMRC
for the figure they should have had from the employer on the P14.

Thank you, Robin.

It seems strange that there's not a more "convenient" source. As you might
guess, deserting an employer to embark on s/e doesn't make it easy to call
back after some months for some deeply buried payroll info. And HMRC...
well, I guess it's the only option but I'm sorely tempted to use the white
space and say "look it up yourselves"...! I think I'll call them and see if
anyone can understand the issue :)

BTW, sorry for delay replying - huge b/band outage only just fixed after 4+
days. Indian call centres - don't ya' just love 'em....?
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

Self assessment / student loan 8
Self assessment and student loan 5
Repaying Student Loan 5
Self-assessment 9
Loan Repayment 6
Self assessment errors 3
CIS - Self assessment 6
Advice on self assessment 3

Top