If you're self-employed, HMRC will work out your loan repayment amount from your tax return. You make your repayment the same time you pay your tax.
If you're an employee and your salary is above the minimum amount, your loan repayments will be deducted from your salary by your employer.
Additional repayments can be made through your online repayment account and by card, bank transfer or cheque.
<p>If you're <a href="https://goforma.com/self-employed" target="_blank">self-employed</a>, HMRC will work out your loan repayment amount from your tax return. You make your repayment the same time you pay your tax.<br></p><p>If you're an employee and your salary is above the minimum amount, your loan repayments will be deducted from your salary by your employer.<br></p><p><a href="https://www.gov.uk/repaying-your-student-loan/make-extra-repayments" target="_blank">Additional repayments</a> can be made through your <a href="https://www.gov.uk/sign-in-to-manage-your-student-loan-balance" target="_blank">online repayment account</a> and by card, bank transfer or cheque.</p>
Our small business accounting guide walks through absolutely everything you need to know if you're considering starting a limited company. From different taxes, limited company advantages/ disadvantages, how to pay yourself, and what your key filing requirements are.
- When to register a Ltd company
- When to register for VAT
- How to take money out of your company
- Dividend tax rates
- Limited company expenses & corporation tax
- Annual accounts and deadlines
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Get a free accounting consultation to discuss your company accounting needs
Book a free 20 minute call with an accountant to talk though starting, registering or switching your company.
- Book a time online instantly
- Registering for VAT
- Self assessment
- Sole trader vs limited company
- Dividends and personal tax
- Registering your company
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