by Jacqui Lilley | May 28, 2021 | News, Payroll, Student loans
At the start of the new tax year in April 2021, the thresholds for student loans increased, which will affect employees that are repaying their academic fees. The thresholds are: Student loan Plan 1 increased from £19,390 to £19,895 from this date, Employees on Plan 2...
by Jacqui Lilley | Sep 30, 2019 | News, Payroll, Student loans
The repayment of student loans takes place through the payroll, with payments being deducted from employees’ pay when they start earning over the minimum threshold. As you would expect, deductions are taken from a student’s weekly or monthly pay and paid...
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