ird.govt.

nz

IRD Number 101-576-876

Reference L0838435272
MR KENNETH RANASINGHE
Issued 23 May 2023
1510 GREAT NORTH ROAD
WATERVIEW
AUCKLAND 1026

End of year repayment obligation issued

under the Student Loan Scheme Act 2011

You need to pay

Student loan assessment
for year ending 31 March 2023
$134.89
by 08 April 2024

Your loan payments

Your student loan assessment is how much you need to pay towards your loan for the year
ending 31 March 2023. This assessment is for income you earn that is not salary or wages.

You need to pay $134.89 by 08 April 2024. If you pay by the due date you will not be charged
late payment interest (the current yearly rate is 6.90%).

How we work out your loan payments

This is how your loan payments have been calculated. What you have to pay is based on your
income.

Your total income $22,392.07

Less income you don’t make payments on (annual repayment $21,268.00
threshold)
Income you make loan payments on $1,124.07
Student loan payments (12.00% of your income) $134.89
Plus late payment interest $0.00
Plus transfers out and refunds paid $0.00
Less payments and other credits $0.00
You need to pay $134.89

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How to make loan payments
Here are some ways to make your loan payments. You can also pay off your loan sooner by
asking your employer to deduct more from your pay or making extra payments direct to IR.

Go to www.ird.govt.nz/pay to find out about paying by:

• direct debit
• credit or debit card
• internet banking

If COVID-19 has affected you, we have ways to help. Go to www.ird.govt.nz/covid-19 to

find out more.

Keep track of your loan in myIR

myIR is Inland Revenue's secure online service and is a great way to keep track of your loan.
You can see what you've borrowed, check your loan balance, make payments, find options if
you cannot afford repayments and update your details.

Go to ird.govt.nz/myIR to find out more and register.

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