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Change the tax system so student loan repayments are taken before income tax.

Submitted on Wednesday 4th May 2016

Published on Wednesday 11th May 2016

Current status: Closed

Closed: Friday 11th November 2016

Signatures: 13

Tagged with

Education ~ income tax ~ Money ~ Tax

Petition Action

Change the tax system so student loan repayments are taken before income tax.

Petition Details

Most students can not use their income tax allowance whilst studying at university and rely on borrowing money from the students loan company to cover living expenses. Therefore, repayments of this student debt should be exempt from income tax.

Additional Information

These changes would bring the following benefits:

1. Earlier repayment and reduced pressure of student debt
2. A fairer systems for those starting out in life
3. Additional encouragement for further education


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