Are student loan repayments counted in housing benefit calculations?
Hi,
Can anyone tell me when working out your housing benefit entitlement is it based on your true net wage i.e. after student loan repayments have been taken off or just on gross wage less pension and tax?
I’ve looked at benefit calculator sites and none of these make this clear – entitledto just asks if your net income is different to gross pay less tax & pension – which it is if you also repay a student loan. Please help anyone?
The only deductions allowed from your income allowed are Tax, National Insurance, and 50% of any pension contributions.