CSLM19001 - SL repayments: borrower within SA: introduction
From April 2000 UK resident borrowers of income-contingent Student Loans repay their loans through HMRC either
- As a deduction from earnings together with tax and NICs
And / or
- Through Self Assessment
Postgraduate Loan borrowers became eligible to repay their loans through Self Assessment from April 2020.
The general rules concerning the Collection of Student Loans scheme apply to both SA and non-SA taxpayers. These are dealt with at in the business area ‘About CSL’ and include
- What income is liable to Student and or Postgraduate Loan deductions
- The threshold above which Student and or Postgraduate Loan repayments must be made
- The rate at which Student and or Postgraduate Loan repayments are charged
In addition, however, there are special rules applying to repayments made by assessment, which are contained in The Education (Student Loans) (Repayment) Regulations 2009, Part III.
This section of the Manual details the provisions that are specific to Self Assessment and, in particular looks at
- The borrower’s responsibilities within SA
And
- Day to day working in SA cases
If the Student Loans Company record for a borrower has matched against a live SA record, a CSL signal is set on the SA record and can be viewed in SA Function MAINTAIN RETURN SUMMARY.
An SA record should not be set up for the sole reason of recovering Student and or Postgraduate Loan repayments.
Specific guidance concerning the logging and capture of SA returns is contained in the SA Manual.
(This content has been withheld because of exemptions in the Freedom of Information Act 2000) CSLM8500(This content has been withheld because of exemptions in the Freedom of Information Act 2000) CSLM9000(This content has been withheld because of exemptions in the Freedom of Information Act 2000)