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Personal tax- Student loan repayment incorrect on computation

Article ID

student-loan-repayment-showing-incorrect-on-the-computation

Article Name

Personal tax- Student loan repayment incorrect on computation

Created Date

14th January 2020

Product

Problem

The student loan repayment figure is showing incorrectly on the computation

Resolution

A breakdown of the student loan repayment figure on the computation can be found in reports | student loan repayment computation.

On this report, please check the following:

  1. Ensure the correct loan type has been selected and edit it – https://www.iris.co.uk/support/knowledgebase/kb/how-to-select-the-student-loan-plan-type-in-personal-tax/
  2. Ensure that the correct earned income and unearned income has been included on the breakdown, as these are the figures used to calculate the final student loan repayment computation. For example there may be duplicated employments showing on the report. https://www.iris.co.uk/support/knowledgebase/kb/employment-is-showing-as-a-duplication-on-the-student-loan-repayment-computation/

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