Student Loan Thresholds 2024-25

4th April 2024

For the 24-25 tax year there will be 5 different student loan deduction rates. However, Plan 5 does not become due for payment until the 2026-27 tax year so can be discounted for now. The new rates show no change for Plan 2 and 3, but the thresholds for Plan 1 and 4 have been increased.

Table comparing 23/24 student loan thresholds to 24/25 student loan thresholds - Whitings LLP

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Disclaimer - All information in this post was correct at time of writing.
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