Given the significant amount of money loaned to students undertaking degree level study, repayments are a lifetime commitment. Employers have a key role to play in collecting the repayments. What are
the main considerations?
Published 15.04.2021
As another cohort of graduates joins the workforce, some with £50,000 worth of debt repayable through the payroll system, what questions might you get asked about repayments?
Published 19.09.2019
There’s no longer any such thing as “the UK” for employers, the devolved administrations have control over much of what you do and how you do it. Student loans is a case in point. What do you need to
know?
Published 15.11.2017
They start off as loans but then are collected for 30 years through payroll as soon as the employee graduates. That’s all nice and easy for the government but not so simple for employers. Why not?
Published 18.05.2018
We now have the final information about student loan deductions for 2022/23. What are the key takeaways from the announcement?
Published 28.02.2022
As part of its April 2023 Employer Bulletin, HMRC has reminded employers that it will send generic notification service (GNS) messages to employers for student loan changes. What do you need to look
out for?
Published 09.05.2023
It’s up to the payroll team to ensure that student loan repayments are being deducted from wages by checking the correct student loan plan is selected. How can you prepare for the student loan
changes being introduced later in 2023?
Published 20.06.2023
Employers have been collecting student loan deductions since 2000, but the process became more complex in 2016 with devolution promising further change. What processes are impacted for employers like
you?
Published 10.02.2017
From April 2021 Plan 4 student loans will be introduced affecting 500,000 Scottish borrowers who will see the loan earnings threshold rise to £25,000. What do you need to do now to prepare for
their introduction?
Published 15.10.2020