dividend and student loan repayment

[TheFaQQer]

Hang on a minute isn't (say) a loan (say from a previous employer in the same tax year) declared on your P11D (in the interest free / low interest rate) section declared as an "Expense" and therefore subject to taxation on "Expeneses" i.e NOT (and nothing to do with) dividends which are a Tax on a Limited Companies "Profits" (hence a seperate tax altogether) ??, say given in this example the loan was granted as a 'benefit in kind' by say a previous employer with no obligation to repay the loan after employment terminated with the lender ????????

What I am saying is that say an interest free/low interest loan from a previous employee has no baring on dividend tax payments for a completely seperate limited company ? Correct me if I am wrong.

I don't know whether you are right or wrong.

For a Student Loan, all income counts towards the threshold at which you must make repayments.

[Mart001]

Dividends are included. My apologies for the earlier post but I did say I'd check

J1MT thanks for your help can you direct me to the source of the answer, i couldn't find anything out there on the WWW.

[Joe1978]

Bloody hell just pay it back you sponger!
as a contractor you should be earning enough to do so, its a loan, that means you pay it back....sheesh

[TheFaQQer]

J1MT thanks for your help can you direct me to the source of the answer, i couldn't find anything out there on the WWW.

http://www.studentloanrepayment.co.u...ENT%20LOAN.PDF

Dividends are classed as "unearned income".

[TheFaQQer]

http://www.studentloanrepayment.co.u...ENT%20LOAN.PDF

Dividends are classed as "unearned income".

Also, here.

[I]f you have any “unearned income” from sources outside your employment – for example, from savings or investments – remember that this counts towards your total earnings. You’ll need to make extra student loan repayments through Self Assessment.

[Mart001]

Bloody hell just pay it back you sponger!
as a contractor you should be earning enough to do so, its a loan, that means you pay it back....sheesh

but you need to know, gives options for you to defer or to put aside when paying interem divi. obviously you'd want to pay it back ASAP as interest is at 3%

[TheFaQQer]

but you need to know, gives options for you to defer or to put aside when paying interem divi. obviously you'd want to pay it back ASAP as interest is at 3%

Or never earn enough to pay it back, as MrsF does

[chris79]

That's interesting because for the last 2 years I've not been paying it back due to a low directors fee PAYE.

Even completing my self assessment with dividends declared it hasn't asked me for any payments.

[Mart001]

That's interesting because for the last 2 years I've not been paying it back due to a low directors fee PAYE.

Even completing my self assessment with dividends declared it hasn't asked me for any payments.

Your supposed to notify the student loans company, if they catch up with you there may be a bill coming.

[chris79]

Surely those clever people at HMRC could just integrate it into your personal assessment every year? This is the first I've heard of this....