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
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
If you employ staff with postgraduate loans, you’re required to start making deductions through payroll in addition to undergraduate loans. Are you up to speed with the process changes?
Published 18.04.2019
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
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
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
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
Employers play a crucial role in collecting student loan repayments on behalf of HMRC. However, from 2016/17 onwards, there are two plan types to contend with. How might this affect you?
Published 15.12.2016
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