Guidance

Tell HMRC about a Student Loan in your tax return

If you complete a Self Assessment tax return, you must use it to tell HM Revenue and Customs (HMRC) about your Student Loan deductions.

You’ll need to complete the Student Loan repayment section of your Self Assessment tax return if the Student Loans Company (SLC) has said your repayments were due to start on or before 6 April of the year you’re completing your return for.

You must include information on your Student Loan repayments in your Self Assessment tax return. If you don’t give the correct information you may have to pay penalties.

Your Student Loan deduction will be calculated based on 9% of your total income above the threshold of your plan type. Information on your plan type is supplied to HMRC by the SLC.

Give the information on a paper or online tax return.

Information you’ll need

You’ll need to say if you think your Student Loan might be fully repaid within the next 2 years.

You’ll also need details of any amounts already deducted through your employment.

If you’ve had more than one job in the year, you’ll need to add up the repayments shown on all of your payslips, rather than just those of the most recent job. Your P60 won’t show the amounts deducted by a previous employer.

If you don’t have access to some or all of your payslips or P45s, you can contact your:

  • previous employer, if you’ve changed jobs and don’t have your P45
  • current employer, if you’re missing a payslip or P60

If you’ve had more than one source of income in the year, you might have to pay more than just your Pay As You Earn (PAYE) deductions.

Paper tax return

Box 1

Put an ‘X’ in box 1 if the SLC have told you that your repayments started on or before 6 April of the year you’re completing your return for.

This is the only question you have to answer if you’re repaying your Student Loan and don’t have any PAYE income.

Box 2

Put the total of the amounts already deducted through your employment for the tax year you’re completing your return for. You can work this out by adding up all the Student Loan deductions on your payslips for that year.

Box 3

Put an ‘X’ in box 3 if you believe you’ll completely repay your Student Loan within 2 years.

Completing this box won’t defer any payments or stop late payment interest and penalties but can help stop you overpaying.

Online tax return

Section 2 - ‘Tell us about you’

Select ‘Yes’ then choose the type of plan that you’re repaying if the SLC have told you that your repayments started on or before 6 April of the year you’re completing your return for.

This is the only question you have to answer if you’re repaying your Student Loan and don’t have any PAYE income.

Section 4 - ‘Fill in your return’

Put the total of the amounts already deducted through your employment for the tax year you’re completing your return for. You can work this out by adding up all the Student Loan deductions on your payslips for that year.

Select ‘Yes’ if you think you’ll completely repay your Student Loan within 2 years. This won’t defer any payments or stop late payment interest and penalties but can help stop you overpaying.

Voluntary payments

If you want to, you can make additional payments to SLC. These voluntary payments are separate to amounts collected by your employer or through your tax return and won’t change them.

You can’t choose to make these additional payments instead of your normal payments and voluntary payments can’t be refunded.

Voluntary payments will reduce the overall length of your loan and the interest charged on it.

Published 29 December 2016
Last updated 23 June 2017 + show all updates
  1. This guidance has been updated with information on how to give details of your Student Loan on an online tax return.
  2. Added translation
  3. First published.