Submitted by Timothy Dalton on Tuesday 23rd March 2021
Published on Wednesday 7th April 2021
Current status: Closed
Closed: Thursday 7th October 2021
Signatures: 14
Relevant Departments
Tagged with
2021 ~ England ~ Equal ~ Ireland ~ Loan ~ Northern ~ Northern Ireland ~ plan ~ Scotland ~ student loans ~ Tax ~ UK ~ UK nationals ~ UK nations ~ Wales ~ Wales and Northern Ireland
Match Scotland’s "Plan 1" student loan repayment threshold of £25k
Increase the student loans repayment threshold to £25,000 for "Plan 1" repayers in England, Wales and Northern Ireland. This would bring repayments in line with Scottish repayers on the new "Plan 4".
Scottish Plan 1 payers have a current repayment threshold of £19,390 and will be transferred to "Plan 4" in tax year 2021-22 with a threshold of £25,000.
In England, Wales and Northern Ireland, the Plan 1 threshold will merely increase from £19,390 to £19,895.
Equalising the threshold would represent equality between graduates in all four UK nations.
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18.119.166.123 Wed, 08 Jan 2025 16:41:10 +0000