Plan 1 loans :My tax return says I have to pay back more on my loan than I still owe. What do I do?
If you are in the situation where you think the amount due under the Self Assessment calculation is too much – that is, you will then be owed money by the Student Loan Company (SLC), you can contact HM Revenue & Customs (HMRC) to apply for an informal ‘stand over’. This would allow you to pay a smaller amount in the meantime until the position is resolved.