Freeze on repayment threshold for next tax year means those on £30,000 a year will pay £113 more
Millions of graduates face higher repayments on their student loans next year after the government announced a “tax rise by stealth” that will cost many £100 or more a year.
A graduate in England earning £30,000 a year will pay an additional £113 in the coming tax year, after the universities minister, Michelle Donelan, made a written statement to parliament freezing the repayment threshold for 2022-23.
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