Scottish Student Loan – Self Assessment
In April 2021, the Scottish government introduced a new plan type for Scottish Student Loan borrowers.
Plan 4 impacts Student Loan borrowers across the UK, who are paying back their loan from the Student Award Agency for Scotland (SAAS). From 6 April 2022, Plan 4 deductions should be included on Self Assessment tax returns.
Plan 1 |
Plan 2 |
Plan 4 |
Postgraduate loan |
|---|---|---|---|
Threshold £20,195 |
Threshold £27,295 |
Threshold £25,375 |
Threshold £21,000 |
Rate 9% |
Rate 9% |
9% |
6% |
