policyengine-uk 2.40.1__py3-none-any.whl → 2.65.6__py3-none-any.whl

policyengine_uk/parameters/gov/hmrc/fuel_duty/petrol_and_diesel.yaml

@@ -1,4 +1,4 @@
-description: Fuel duty rate per litre of petrol and diesel.
+description: The UK levies fuel duty on petrol and diesel at this rate per litre.
 values:
   2010-04-01: 0.5719
   2010-10-01: 0.5819
@@ -12,20 +12,96 @@ values:
     value: 0.5295
     metadata:
       reference:
-      - title: Costing Document - Spring Budget 2023 (page 25)
-        href: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1142824/Costing_Document_-_Spring_Budget_2023.pdf#page=25
+        - title: Costing Document - Spring Budget 2023 (page 25)
+          href: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1142824/Costing_Document_-_Spring_Budget_2023.pdf#page=25
   2025-04-01:
-    value: 0.5795
+    value: 0.5295
     metadata:
       reference:
-      - title: Costing Document - Spring Budget 2023 (page 25)
-        href: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1142824/Costing_Document_-_Spring_Budget_2023.pdf#page=25
-  2026-03-22:
-    value: 0.5295
+        - title: Costing Document - Spring Budget 2023 (page 25)
+          href: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1142824/Costing_Document_-_Spring_Budget_2023.pdf#page=25
+  # November 2025 Autumn Budget: staggered 5p cut reversal (+1p Sep, +2p Dec, +2p Mar 2027)
+  # then RPI uprating from Apr 2027 using OBR November 2025 RPI forecasts.
+  #
+  # Source values (actual policy implementation dates):
+  # - Mar 22, 2026: 52.95p (continuation of 5p cut)
+  # - Sep 1, 2026: 53.95p (+1p increase)
+  # - Dec 1, 2026: 55.95p (+2p increase)
+  # - Mar 1, 2027: 57.95p (+2p increase, full rate restored)
+  # - Apr 1, 2027: 60.10p (RPI uprating: 3.71% from OBR Nov 2025 Table 1.7)
+  # - Apr 1, 2028: 61.98p (RPI uprating: 3.13% from OBR Nov 2025 Table 1.7)
+  # - Apr 1, 2029: 63.76p (RPI uprating: 2.87% from OBR Nov 2025 Table 1.7)
+  #
+  # RPI forecasts from OBR EFO November 2025 detailed forecast tables (Table 1.7):
+  # https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+  # - 2026 RPI: 3.71% (applied Apr 2027)
+  # - 2027 RPI: 3.13% (applied Apr 2028)
+  # - 2028 RPI: 2.87% (applied Apr 2029)
+  #
+  # For annual calculations, we use the average rate over each calendar year
+  # to avoid issues with monthly rate selection in reform calculations.
+  2026-01-01:
+    value: 0.5345
+    metadata:
+      reference:
+        - title: OBR Economic and Fiscal Outlook November 2025
+          href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+      note: |
+        Calendar year 2026 average:
+        - Jan 01 - Aug 31 (243 days): 52.95p
+        - Sep 01 - Nov 30 (91 days): 53.95p
+        - Dec 01 - Dec 31 (31 days): 55.95p
+        (52.95p * 243 + 53.95p * 91 + 55.95p * 31) / 365 = 53.45p
+        Generated by calculate_fuel_duty_rates.py
+  2027-01-01:
+    value: 0.5925
+    metadata:
+      reference:
+        - title: OBR Economic and Fiscal Outlook November 2025
+          href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+      note: |
+        Calendar year 2027 average:
+        - Jan 01 - Feb 28 (59 days): 55.95p
+        - Mar 01 - Mar 31 (31 days): 57.95p
+        - Apr 01 - Dec 31 (275 days): 60.10p
+        (55.95p * 59 + 57.95p * 31 + 60.10p * 275) / 365 = 59.25p
+        Generated by calculate_fuel_duty_rates.py
+  2028-01-01:
+    value: 0.6151
+    metadata:
+      reference:
+        - title: OBR Economic and Fiscal Outlook November 2025
+          href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+      note: |
+        Calendar year 2028 average (leap year):
+        - Jan 01 - Mar 31 (91 days): 60.10p
+        - Apr 01 - Dec 31 (275 days): 61.98p
+        (60.10p * 91 + 61.98p * 275) / 366 = 61.51p
+        Generated by calculate_fuel_duty_rates.py
+  2029-01-01:
+    value: 0.6332
+    metadata:
+      reference:
+        - title: OBR Economic and Fiscal Outlook November 2025
+          href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+      note: |
+        Calendar year 2029 average:
+        - Jan 01 - Mar 31 (90 days): 61.98p
+        - Apr 01 - Dec 31 (275 days): 63.76p
+        (61.98p * 90 + 63.76p * 275) / 365 = 63.32p
+        Generated by calculate_fuel_duty_rates.py
+  2030-01-01:
+    value: 0.6516
     metadata:
       reference:
-      - title: Costing Document - Spring Budget 2025 (page 46)
-        href: https://assets.publishing.service.gov.uk/media/67e562fc33afcd62e4ca4c9e/SS25_Published_Costing_Document.pdf#page=46
+        - title: OBR Economic and Fiscal Outlook November 2025
+          href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+      note: |
+        Calendar year 2030 average:
+        - Jan 01 - Mar 31 (90 days): 63.76p
+        - Apr 01 - Dec 31 (275 days): 65.62p
+        (63.76p * 90 + 65.62p * 275) / 365 = 65.16p
+        Generated by calculate_fuel_duty_rates.py
 metadata:
   unit: currency-GBP
   name: fuel_duty_rate

policyengine_uk/parameters/gov/hmrc/income_tax/allowances/personal_allowance/amount.yaml

@@ -6,6 +6,12 @@ values:
   2019-04-06: 12_500
   2021-04-06: 12_570
   2027-04-06: 12_570
+  2030-04-06:
+    value: 12_570
+    metadata:
+      reference:
+        - title: OBR Economic and Fiscal Outlook November 2025
+          href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
 metadata:
   period: year
   name: personal_allowance

policyengine_uk/parameters/gov/hmrc/income_tax/earned_taxable_income_exclusions.yaml

@@ -3,9 +3,10 @@ values:
   0000-01-01:
     - taxable_savings_interest_income
     - taxable_dividend_income
+    - taxable_property_income
     - received_allowances_earned_income
     - marriage_allowance
-    
+
 metadata:
   unit: list
   label: Earned taxable income exclusions

policyengine_uk/parameters/gov/hmrc/income_tax/income_tax_additions.yaml

@@ -7,5 +7,6 @@ values:
   - earned_income_tax
   - savings_income_tax
   - dividend_income_tax
+  - property_income_tax
   - CB_HITC
   - personal_pension_contributions_tax

policyengine_uk/parameters/gov/hmrc/income_tax/rates/dividends.yaml

@@ -15,6 +15,12 @@ brackets:
             reference:
               - title: Autumn Budget and Spending Review 2022
                 href: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1043689/Budget_AB2021_Web_Accessible.pdf
+        2026-04-06:
+          value: 0.1075
+          metadata:
+            reference:
+              - title: OBR Economic and Fiscal Outlook November 2025
+                href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
     threshold:
       values:
         2015-04-01: 0
@@ -38,6 +44,12 @@ brackets:
             reference:
               - title: Autumn Budget and Spending Review 2022
                 href: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1043689/Budget_AB2021_Web_Accessible.pdf
+        2026-04-06:
+          value: 0.3575
+          metadata:
+            reference:
+              - title: OBR Economic and Fiscal Outlook November 2025
+                href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
     threshold:
       metadata:
         name: dividend_higher_threshold

policyengine_uk/parameters/gov/hmrc/income_tax/rates/property.yaml

@@ -0,0 +1,46 @@
+description: Property income tax rates. From April 2027, property income is taxed at rates 2pp higher than the standard UK rates.
+metadata:
+  label: Property income tax rates
+  unit: /1
+  reference:
+    - title: OBR Economic and Fiscal Outlook November 2025
+      href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+basic:
+  description: The basic rate of tax on property income.
+  metadata:
+    label: Property basic rate
+    unit: /1
+  values:
+    2015-04-06: 0.20
+    2027-04-06:
+      value: 0.22
+      metadata:
+        reference:
+          - title: OBR Economic and Fiscal Outlook November 2025
+            href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+higher:
+  description: The higher rate of tax on property income.
+  metadata:
+    label: Property higher rate
+    unit: /1
+  values:
+    2015-04-06: 0.40
+    2027-04-06:
+      value: 0.42
+      metadata:
+        reference:
+          - title: OBR Economic and Fiscal Outlook November 2025
+            href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+additional:
+  description: The additional rate of tax on property income.
+  metadata:
+    label: Property additional rate
+    unit: /1
+  values:
+    2015-04-06: 0.45
+    2027-04-06:
+      value: 0.47
+      metadata:
+        reference:
+          - title: OBR Economic and Fiscal Outlook November 2025
+            href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/

policyengine_uk/parameters/gov/hmrc/income_tax/rates/savings.yaml

@@ -0,0 +1,46 @@
+description: Savings income tax rates. From April 2027, savings income is taxed at rates 2pp higher than the standard UK rates.
+metadata:
+  label: Savings income tax rates
+  unit: /1
+  reference:
+    - title: OBR Economic and Fiscal Outlook November 2025
+      href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+basic:
+  description: The basic rate of tax on savings income.
+  metadata:
+    label: Savings basic rate
+    unit: /1
+  values:
+    2015-04-06: 0.20
+    2027-04-06:
+      value: 0.22
+      metadata:
+        reference:
+          - title: OBR Economic and Fiscal Outlook November 2025
+            href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+higher:
+  description: The higher rate of tax on savings income.
+  metadata:
+    label: Savings higher rate
+    unit: /1
+  values:
+    2015-04-06: 0.40
+    2027-04-06:
+      value: 0.42
+      metadata:
+        reference:
+          - title: OBR Economic and Fiscal Outlook November 2025
+            href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
+additional:
+  description: The additional rate of tax on savings income.
+  metadata:
+    label: Savings additional rate
+    unit: /1
+  values:
+    2015-04-06: 0.45
+    2027-04-06:
+      value: 0.47
+      metadata:
+        reference:
+          - title: OBR Economic and Fiscal Outlook November 2025
+            href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/

policyengine_uk/parameters/gov/hmrc/income_tax/rates/scotland/rates.yaml

@@ -21,7 +21,7 @@ brackets:
       metadata:
         uprating: gov.economic_assumptions.indices.obr.consumer_price_index
     rate:
-      2017-04-06: 0.20 # Basic rate
+      2017-04-06: 0.2  # Basic rate
   - threshold:
       values:
         2017-04-06: null
@@ -45,7 +45,7 @@ brackets:
       metadata:
         uprating: gov.economic_assumptions.indices.obr.consumer_price_index
     rate:
-      2017-04-06: 0.40
+      2017-04-06: 0.4
       2021-04-06: 0.41 # Higher rate
       2023-04-06: 0.42
   - threshold:

policyengine_uk/parameters/gov/hmrc/income_tax/rates/uk.yaml

@@ -47,6 +47,12 @@ brackets:
       2020-04-01: 37500
       2021-04-01: 37700
       2027-04-01: 37700
+      2030-04-01:
+        value: 37700
+        metadata:
+          reference:
+            - title: OBR Economic and Fiscal Outlook November 2025
+              href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
 - rate:
     description: The additional rate is the highest tax bracket, with no upper bound
     metadata:
@@ -71,11 +77,17 @@ brackets:
       unit: currency-GBP
     values:
       2015-04-05: 150_000
-      2023-01-01: 
-        value: 125_140 
+      2023-01-01:
+        value: 125_140
         reference:
           - title: Finance Act 2023 s. 6 (4)
             href: https://www.legislation.gov.uk/ukpga/2023/1/section/6/enacted
+      2030-04-01:
+        value: 125_140
+        metadata:
+          reference:
+            - title: OBR Economic and Fiscal Outlook November 2025
+              href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/
 - rate:
     description: An extra tax bracket.
     metadata:

policyengine_uk/parameters/gov/hmrc/national_insurance/class_1/rates/employee/additional.yaml

@@ -8,13 +8,11 @@ values:
         - title: Autumn Budget and Spending Review 2022
           href: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1043689/Budget_AB2021_Web_Accessible.pdf
   2024-04-04:
-    value: 0.0185
+    value: 0.02
     metadata:
       reference:
-        - title: National Insurance Contributions (Reduction in Rates) Act 2024 s 1
-          href: https://www.legislation.gov.uk/ukpga/2024/5/section/1
+        - title: Social Security Contributions and Benefits Act 1992
+          href: https://www.legislation.gov.uk/ukpga/1992/4/section/8
 metadata:
   label: NI Class 1 additional rate
-  name: NI_add_rate
-  unit: /1
-  reference: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/882271/Table-a4.pdf
+  unit: /1

policyengine_uk/parameters/gov/hmrc/national_insurance/class_1/rates/employer.yaml

@@ -10,8 +10,8 @@ values:
     reference:
       - title: National Insurance rates and thresholds
         href: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/882271/Table-a4.pdf
-  2025-04-06: 
+  2025-01-01: 
     value: 0.15
     reference:
-      - title: National Insurance rates and letters
-        href: https://www.gov.uk/national-insurance-rates-letters
+      - title: National Insurance Contributions (Secondary Class 1 Contributions) Act 2025(1)
+        href: https://www.legislation.gov.uk/ukpga/2025/11/section/1

policyengine_uk/parameters/gov/hmrc/national_insurance/class_1/thresholds/secondary_threshold.yaml

@@ -23,9 +23,19 @@ values:
           and National Insurance Funds Payments) Regulations 2022(6)
     value: 175
   2024-01-01: 175
-  2027-04-01:
-    value: 175
+  2025-01-01: 
+    value: 96
+    reference:
+      - title: National Insurance Contributions (Secondary Class 1 Contributions) Act 2025(2)
+        href: https://www.legislation.gov.uk/ukpga/2025/11/section/2
+  2027-01-01:
+    value: 96
+    reference:
+      - title: National Insurance Contributions (Secondary Class 1 Contributions) Act 2025(2)
+        href: https://www.legislation.gov.uk/ukpga/2025/11/section/2
+  2030-04-06:
+    value: 96
     metadata:
       reference:
-        - title: Spring Statement 2022
-          href: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1062486/Spring_Statement_2022_Web_Accessible.pdf
+        - title: OBR Economic and Fiscal Outlook November 2025
+          href: https://obr.uk/efo/economic-and-fiscal-outlook-november-2025/

policyengine_uk/parameters/gov/hmrc/national_insurance/class_2/flat_rate.yaml

@@ -1,9 +1,9 @@
 description: Flat rate National Insurance contribution for self-employed earners
 values:
-  2015-04-01: 2.80
+  2015-04-01: 2.8
   2017-04-01: 2.85
   2018-04-01: 2.95
-  2019-04-01: 3.00
+  2019-04-01: 3
   2020-04-01: 3.05
   2022-04-06:
     value: 3.15

policyengine_uk/parameters/gov/hmrc/national_insurance/salary_sacrifice_pension_cap.yaml

@@ -0,0 +1,16 @@
+# The annual cap on salary sacrifice pension contributions that are exempt from NI.
+# Contributions above this cap are subject to standard NI rates.
+# When set to infinity (default), the scheme is inactive and all salary sacrifice remains exempt from NI.
+description: The annual cap on salary sacrifice pension contributions that are exempt from employee and employer National Insurance contributions.
+values:
+  2010-01-01: .inf  # Default: no cap (scheme inactive)
+  2029-04-06: 2000  # Autumn Budget 2025: £2,000 cap from April 2029
+metadata:
+  unit: currency-GBP
+  label: Salary sacrifice pension NI exemption cap
+  period: year
+  reference:
+    - title: Changes to salary sacrifice for pensions from April 2029
+      href: https://www.gov.uk/government/publications/changes-to-salary-sacrifice-for-pensions-from-april-2029
+    - title: Budget 2025 (HTML)
+      href: https://www.gov.uk/government/publications/budget-2025-document/budget-2025-html

policyengine_uk/parameters/gov/hmrc/student_loans/interest_rates/index.yaml

@@ -0,0 +1,12 @@
+description: Student loan interest rates
+label: Interest rates
+documentation: |
+  Interest rates applied to student loan balances vary by plan type.
+  Plan 2 has income-contingent rates that vary between RPI and RPI+3%.
+  Plan 5 and Plans 1/4 have simpler fixed rate structures.
+
+  Note: These parameters document the policy rules. Interest accrual
+  is not currently modelled in the microsimulation as it requires
+  tracking loan balances over time.
+
+  Reference: https://www.gov.uk/repaying-your-student-loan/interest

policyengine_uk/parameters/gov/hmrc/student_loans/interest_rates/plan_1/boe_margin.yaml

@@ -0,0 +1,11 @@
+description: Plan 1 margin added to Bank of England base rate for interest calculation
+metadata:
+  label: Plan 1 BoE margin
+  unit: /1
+  period: year
+  reference:
+    - title: Education (Student Loans) (Repayment) Regulations 2009, Regulation 21(2)
+      href: https://www.legislation.gov.uk/uksi/2009/470/regulation/21
+
+values:
+  2000-01-01: 0.01

policyengine_uk/parameters/gov/hmrc/student_loans/interest_rates/plan_2/additional_rate.yaml

@@ -0,0 +1,27 @@
+description: Plan 2 maximum additional interest rate
+metadata:
+  label: Plan 2 additional rate
+  unit: /1
+  period: year
+  reference:
+    - title: Education (Student Loans) (Repayment) (Amendment) (No. 2) Regulations 2012, Regulation 21A(10)
+      href: https://www.legislation.gov.uk/uksi/2012/1309/regulation/10/made
+    - title: GOV.UK - Student loan interest rates
+      href: https://www.gov.uk/repaying-your-student-loan/interest
+  documentation: |
+    Maximum additional interest rate for Plan 2 student loans.
+    Added to the base rate for higher earners.
+
+    Per Regulation 21A(10), the additional interest rate is calculated as:
+    3 × (I - L) / (H - L)
+    where I = borrower's income, L = lower threshold, H = higher threshold.
+
+    The actual additional rate is tapered between the lower and upper
+    income thresholds, from 0% at the lower threshold to this maximum
+    at the upper threshold.
+
+    For income at or above the upper threshold, the total rate is:
+    base_rate + additional_rate (i.e., RPI + 3%)
+
+values:
+  2012-09-01: 0.03  # 3%

policyengine_uk/parameters/gov/hmrc/student_loans/interest_rates/plan_2/index.yaml

@@ -0,0 +1,16 @@
+description: Plan 2 student loan interest rates
+label: Plan 2 interest rates
+documentation: |
+  Plan 2 student loan interest rates are income-contingent after graduation.
+
+  While studying: RPI + 3%
+  After graduating:
+  - Income at or below lower threshold: RPI only
+  - Income between lower and upper threshold: RPI + tapered rate (0% to 3%)
+  - Income at or above upper threshold: RPI + 3%
+
+  This progressive structure means higher earners pay more interest,
+  though the actual repayment amount still depends on income, not the
+  loan balance or interest rate.
+
+  Reference: https://www.gov.uk/repaying-your-student-loan/interest

policyengine_uk/parameters/gov/hmrc/student_loans/interest_rates/plan_2/upper_threshold.yaml

@@ -0,0 +1,48 @@
+description: Plan 2 upper income threshold for interest rate tapering
+metadata:
+  label: Plan 2 interest upper threshold
+  unit: currency-GBP
+  period: year
+  uprating: gov.economic_assumptions.indices.obr.rpi
+  reference:
+    - title: Education (Student Loans) (Repayment) Regulations 2009, Regulation 21AA
+      href: https://www.legislation.gov.uk/uksi/2009/470/regulation/21AA
+  documentation: |
+    Upper income threshold for Plan 2 interest rate tapering (H in the formula).
+    Above this income, borrowers pay the maximum rate (RPI + 3%).
+    Between the lower and upper thresholds, the rate is tapered.
+
+    Per Regulation 21AA, this is the "higher interest threshold".
+
+values:
+  2024-09-01:
+    value: 49_130
+    metadata:
+      reference:
+        - title: Education (Student Loans) (Repayment) (Amendment) (No. 4) Regulations 2022, Regulation 21AA
+          href: https://www.legislation.gov.uk/uksi/2022/1335/made
+        - title: Student loans - a guide to terms and conditions 2024 to 2025
+          href: https://www.gov.uk/government/publications/student-loans-a-guide-to-terms-and-conditions/student-loans-a-guide-to-terms-and-conditions-2024-to-2025
+  2025-09-01:
+    value: 51_245
+    metadata:
+      reference:
+        - title: Student loans - a guide to terms and conditions 2025 to 2026
+          href: https://www.gov.uk/government/publications/student-loans-a-guide-to-terms-and-conditions/student-loans-a-guide-to-terms-and-conditions-2025-to-2026
+  2026-09-01:
+    value: 52_885
+    metadata:
+      reference:
+        - title: Student Loans Interest and Repayment Threshold Announcement for Plan 2 and Plan 3 loans
+          href: https://www.gov.uk/government/news/student-loans-interest-and-repayment-threshold-announcement-for-plan-2-and-plan-3-loans
+  # Budget 2025: interest rate thresholds frozen 2027-2030 (OBR EFO Nov 2025, section 3.22)
+  2027-09-01:
+    value: 52_885
+    metadata:
+      reference:
+        - title: Autumn Budget 2025 - Student loans threshold freeze
+          href: https://www.gov.uk/government/publications/budget-2025-document/budget-2025-html
+  2028-09-01:
+    value: 52_885
+  2029-09-01:
+    value: 52_885

policyengine_uk/parameters/gov/hmrc/student_loans/interest_rates/postgraduate_additional_rate.yaml

@@ -0,0 +1,11 @@
+description: Additional interest rate above RPI for Postgraduate loans
+metadata:
+  label: Postgraduate additional rate
+  unit: /1
+  period: year
+  reference:
+    - title: Education (Student Loans) (Repayment) Regulations 2009, Regulation 21B(1)
+      href: https://www.legislation.gov.uk/uksi/2009/470/regulation/21B
+
+values:
+  2016-09-01: 0.03

policyengine_uk/parameters/gov/hmrc/student_loans/postgraduate_repayment_rate.yaml

@@ -0,0 +1,9 @@
+description: Postgraduate loan repayment rate. Borrowers repay this percentage of income above their repayment threshold.
+values:
+  2019-04-06: 0.06
+metadata:
+  label: Postgraduate loan repayment rate
+  unit: /1
+  reference:
+    - title: GOV.UK Student loan repayments
+      href: https://www.gov.uk/repaying-your-student-loan/what-you-pay

policyengine_uk/parameters/gov/hmrc/student_loans/repayment_rate.yaml

@@ -0,0 +1,9 @@
+description: Student loan repayment rate. Borrowers repay this percentage of income above their repayment threshold.
+values:
+  2015-04-06: 0.09
+metadata:
+  label: Student loan repayment rate
+  unit: /1
+  reference:
+    - title: GOV.UK Student loan repayments
+      href: https://www.gov.uk/repaying-your-student-loan/what-you-pay

policyengine_uk/parameters/gov/hmrc/student_loans/thresholds/plan_1.yaml

@@ -0,0 +1,25 @@
+description: Plan 1 student loan repayment threshold (annual). Plan 1 applies to students who started undergraduate courses in England/Wales before September 2012.
+values:
+  2015-04-06: 17_335
+  2016-04-06: 17_495
+  2017-04-06: 17_775
+  2018-04-06: 18_330
+  2019-04-06: 18_935
+  2020-04-06: 19_390
+  2021-04-06: 19_895
+  2022-04-06: 20_195
+  2023-04-06: 22_015
+  2024-04-06:
+    value: 24_990
+    metadata:
+      reference:
+        - title: Student loan thresholds for April 2024
+          href: https://www.gov.uk/government/publications/student-loan-and-postgraduate-loan-thresholds/student-loan-and-postgraduate-loan-thresholds-for-the-2024-to-2025-academic-year
+metadata:
+  label: Plan 1 threshold
+  unit: currency-GBP
+  period: year
+  uprating: gov.economic_assumptions.indices.obr.rpi
+  reference:
+    - title: GOV.UK Student loan repayment thresholds
+      href: https://www.gov.uk/repaying-your-student-loan/what-you-pay

policyengine_uk/parameters/gov/hmrc/student_loans/thresholds/plan_2.yaml

@@ -0,0 +1,58 @@
+description: Plan 2 student loan repayment threshold (annual). Plan 2 applies to students who started undergraduate courses in England/Wales on or after September 2012 and before August 2023.
+values:
+  2016-04-06: 21_000
+  2017-04-06: 21_000
+  2018-04-06: 25_000
+  2019-04-06: 25_725
+  2020-04-06: 26_575
+  2021-04-06: 27_295
+  2022-04-06: 27_295
+  2023-04-06: 27_295
+  2024-04-06:
+    value: 27_295
+    metadata:
+      reference:
+        - title: Student loan thresholds for April 2024
+          href: https://www.gov.uk/government/publications/student-loan-and-postgraduate-loan-thresholds/student-loan-and-postgraduate-loan-thresholds-for-the-2024-to-2025-academic-year
+  2025-04-06:
+    value: 28_470
+    metadata:
+      reference:
+        - title: Student loan thresholds for April 2025
+          href: https://www.gov.uk/government/publications/student-loan-and-postgraduate-loan-thresholds/student-loan-and-postgraduate-loan-thresholds-for-the-2025-to-2026-academic-year
+  2026-04-06:
+    value: 29_385
+    metadata:
+      uprating: none
+      reference:
+        - title: Student Loans Interest and Repayment Threshold Announcement for Plan 2 and Plan 3 loans
+          href: https://www.gov.uk/government/news/student-loans-interest-and-repayment-threshold-announcement-for-plan-2-and-plan-3-loans
+  2027-04-06:
+    value: 29_385
+    metadata:
+      uprating: none
+      reference:
+        - title: Budget 2025 - Plan 2 threshold freeze 2027-28 until 2029-30
+          href: https://www.gov.uk/government/publications/budget-2025-document/budget-2025-html
+  2028-04-06:
+    value: 29_385
+    metadata:
+      uprating: none
+      reference:
+        - title: Budget 2025 - Plan 2 threshold freeze 2027-28 until 2029-30
+          href: https://www.gov.uk/government/publications/budget-2025-document/budget-2025-html
+  2029-04-06:
+    value: 29_385
+    metadata:
+      uprating: none
+      reference:
+        - title: Budget 2025 - Plan 2 threshold freeze 2027-28 until 2029-30
+          href: https://www.gov.uk/government/publications/budget-2025-document/budget-2025-html
+metadata:
+  label: Plan 2 threshold
+  unit: currency-GBP
+  period: year
+  uprating: gov.economic_assumptions.indices.obr.rpi
+  reference:
+    - title: GOV.UK Student loan repayment thresholds
+      href: https://www.gov.uk/repaying-your-student-loan/what-you-pay