HMRC has outlined the Student Loan thresholds from 6 April 2019.

The current thresholds for the tax year 2018/19 are:

• Plan 1 – £18,330
• Plan 2 – £25,000.

The Department for Education (DfE) has confirmed that from 6 April 2019 the thresholds will increase to:

• Plan 1 – £18,935
• Plan 2 – £25,725.

Student loan deductions will remain the same, at nine per cent for Plan 1 and Plan 2 loans.