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Add upper interest threshold freeze for Plan 2 (Budget 2025)#1426

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MaxGhenis merged 1 commit into
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upper-interest-threshold-freeze
Dec 2, 2025
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Add upper interest threshold freeze for Plan 2 (Budget 2025)#1426
MaxGhenis merged 1 commit into
masterfrom
upper-interest-threshold-freeze

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Summary

Budget 2025 freezes both interest rate thresholds for Plan 2 student loans from 2027-2030. This adds the frozen upper threshold values (£52,885) for 2027-09-01 through 2029-09-01.

Background

Per GOV.UK announcement:

"The higher interest threshold for repayment of Plan 2 loans to apply from April 2026 is £52,885."

Per OBR EFO November 2025, section 3.22:

"The Government has announced a freeze to the repayments and interest rate thresholds for Plan 2 student loan repayments for three years starting from 2027-28."

The lower threshold was already frozen in the repayment threshold parameters. This PR completes the freeze by adding the upper interest threshold frozen values.

Fixes #1425

🤖 Generated with Claude Code

Budget 2025 freezes both interest rate thresholds for Plan 2 student
loans from 2027-2030. This adds the frozen upper threshold values
(£52,885) for 2027-09-01 through 2029-09-01.

Per OBR EFO November 2025, section 3.22:
"The Government has announced a freeze to the repayments and interest
rate thresholds for Plan 2 student loan repayments for three years
starting from 2027-28."

Fixes #1425

🤖 Generated with [Claude Code](https://claude.com/claude-code)

Co-Authored-By: Claude <noreply@anthropic.com>
@MaxGhenis MaxGhenis merged commit 2027b1e into master Dec 2, 2025
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@MaxGhenis MaxGhenis deleted the upper-interest-threshold-freeze branch December 2, 2025 14:16
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Add upper interest threshold freeze for Plan 2 (Budget 2025)

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