Do we however need to repay my training loan whenever we move offshore?
Yes. The training loan is actually arranged as being a contract, perhaps maybe maybe not money taxation; consequently, the fact you’re not anymore surviving in the uk will not influence that agreement.
The principles state you may be however obliged to stay based at 6% of all the earnings above (the equivalent this is certainly neighborhood of ?21,000 each year. Maybe maybe not doing this might induce charges which are significant. Continue reading “Let me make it clear about what counts as extra money for training loan payment purposes?”