Tag: #StudentLoans

Student Loan Digital Refund Service hits 1.6million refund requests

SLC’s Digital Refund Service has received more than 1.6 million refund requests since it launched in 2024. Designed to put employees with student loan repayments in control, the service claims it provides a straightforward, self-service option for claiming Below Threshold refunds. The milestone has been confirmed 29th October 2026 as the Student Loan Company (SLC) … Continue reading Student Loan Digital Refund Service hits 1.6million refund requests →

Legislation updates 2027 for payroll

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Originally started in readiness for 2021, PAYadvice.UK are constructing its popular PAYadvice Series Legislation Update 2027 for payroll. We believe that PAYadvice was the first organisation in the UK to bring together the various resources needed by payroll professional and payroll software developers in preparation for the April 2021 through April 2026 changes, even to … Continue reading Legislation updates 2027 for payroll →

Do Student Loans discriminate against mothers?

The student loans system was supposed to be a safe and fair way for everyone who seeks further education to get the funds they need. It may come as a shock to some, but women on maternity leave in the UK who are paying off their student loans still accrue interest when they are on … Continue reading Do Student Loans discriminate against mothers? →

Exam Results – Clearing the Way to University

Congratulations to all sixth form students on your results. PAYadvice.UK wish you all the best for your future plans. some will be going into work related training, others into apprenticeships and further education and some will be looking towards obtaining university places. The following is a message from Jackie Currie, Executive Director of Customer, at … Continue reading Exam Results – Clearing the Way to University →

April 2027 Student Loan Plan 1 Repayment Threshold announced

The Department for Education has announced on 10th August 2026 the annual update to the repayment thresholds for Plan 1 Income Contingent Student Loans The repayment threshold for Plan 1 loans will rise to £28,005 from 6th April 2027 to 5th April 2028.  What are the different student loan repayment plans? There are five student loan repayment plans for … Continue reading April 2027 Student Loan Plan 1 Repayment Threshold announced →

Choose carefully’: degree choice drives earnings

Graduates earn on average around £100,000 more over their lifetime than non-graduate counterparts, but returns vary by degree subject. Students’ choice of degree subject has a hugely significant impact on their lifetime earnings, according to new research from the IFS. Graduates earn on average around £100,000 more over their lifetime than someone of the same background and attainment who did not attend university, even after … Continue reading Choose carefully’: degree choice drives earnings →

The Student Loans Company (SLC) is contacting some Plan 2 customers about corrections to their balances

Correction to some Plan 2 student loan balances. The Student Loans Company (SLC) is contacting some Plan 2 repayment employees about corrections to their balances. Around 71,000 (approximately 1.3% of current Plan 2 debts) have been affected by technical issues.   SLC and HM Revenue and Customs (HMRC) are very sorry that this happened.   Those affected … Continue reading The Student Loans Company (SLC) is contacting some Plan 2 customers about corrections to their balances →

Lifelong Learning Entitlement for adults who were locked out of education

Government announces first 130 universities and colleges approved to offer new bite-sized courses, with applications opening September 2026. Adults balancing responsibilities such as work and childcare will now have a new route into university and college due to reforms which create changes to the student finance system. From September 2026, for the first time ever … Continue reading Lifelong Learning Entitlement for adults who were locked out of education →

Employer Bulletin: April 2026

HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents the latest information on topics and issues that may affect them.  Some of these topics have already been covered by PAYadvice.UK in articles and blogs and further articles and blogs may now additionally be published. The April 2026 edition of Employer Bulletin … Continue reading Employer Bulletin: April 2026 →

Employer Bulletin: February 2026

HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents the latest information on topics and issues that may affect them.  Some of these topics have already been covered by PAYadvice.UK in articles and blogs and further articles and blogs may now additionally be published. The February 2026 edition of Employer Bulletin … Continue reading Employer Bulletin: February 2026 →

Multiple Student Loan Plan type hierarchy agreed

The Collection of Student Loans consultation group has confirmed since all the repayment thresholds for 2026/2027 have been confirmed and announced. (c)2025 PAYadvice Ltd The hierarchy setting out the applicable repayment threshold to apply when a borrower holds multiple plan types is set out in the attached plan type hierarchy matrix. (C)2025 PAYadvice Ltd New … Continue reading Multiple Student Loan Plan type hierarchy agreed →

HMRC confirm most of the 2026/2027 values for software

Payroll 2026-27: Allowances, Rates and Thresholds from April 2026  Dear PAYadvice.UK Following the Autumn Budget of 26 Ltd November 2025, we can confirm the following information for payroll 2026-27. Where details are not currently known, these are marked as TBA.  We will provide a further update as soon as we can. We will also provide … Continue reading HMRC confirm most of the 2026/2027 values for software →

Student Loans Repayment Threshold Announcement for Plan 2 and Post Graduate loans for April 2026

(c)2023 PSP The Department for Education… (26th November 2025) confirmed annual updates to repayment thresholds for Plan 2 and Plan 3 [Postgraduate] Income Contingent Student Loans. Income Contingent Student Loans for Plan 2 (2012-2023) undergraduate loans The income threshold and the lower interest rate threshold for repayment of Plan 2 loans to apply from April … Continue reading Student Loans Repayment Threshold Announcement for Plan 2 and Post Graduate loans for April 2026 →

Budget 2025 speech

Budget 2025 speech as delivered by Chancellor Rachel Reeves - 26th November 2025 Madame Deputy Speaker.  It is my understanding that the Office for Budget Responsibility’s Economic and Fiscal Outlook was released on their website before this statement. This is deeply disappointing and a serious error on their part. The Office for Budget Responsibility has … Continue reading Budget 2025 speech →

Student Loan Refund requests exceed 1.1 million

SLC has received more than 1.1 million refund requests through its Digital Refund Service, which offers a self-serve route for customers to request Below Threshold refunds. The figure has been announced 29th October 2025 as the Studemt Loan Company (SLC) issues its annual Student loan repayments via PAYE eligible for refund - Tax Year 2024/25. The … Continue reading Student Loan Refund requests exceed 1.1 million →

Employer Bulletin: October 2025

HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents the latest information on topics and issues that may affect them.  Some of these topics have already been covered by PAYadvice.UK in articles and blogs and further articles and blogs may now additionally be published. The October edition of Employer Bulletin includes … Continue reading Employer Bulletin: October 2025 →

Empowering disadvantaged pupils to reach university

Almost 10,000 high-achieving young people will receive letters from students at Kings College London encouraging them to consider a university education. Thousands of teenagers in some of the country’s most deprived and under-represented areas are being inspired by their peers to apply for university through personalised letters in the post.  The letters contain real-life success … Continue reading Empowering disadvantaged pupils to reach university →

Legislation updates 2026 for payroll

Originally started in readiness for 2021, PAYadvice.UK are constructing its popular PAYadvice Series Legislation Update 2026 for payroll. We believe that PAYadvice was the first organisation in the UK to bring together the various resources needed by payroll professional and payroll software developers in preparation for the April 2021 through April 2025 changes, even to … Continue reading Legislation updates 2026 for payroll →

Student Loan Plan 4 (Scotland) threshold for April 2026 confirmed

The HMRC Collection of Student Loan - consultation group meeting held on Tuesday 2nd September 2025, has shared and confirmed the student Plan Type 4 (Scotland) threshold applicable from 6th April 2026. This information will be additional announced at a later point by the Scottish Parliament, they have confirmed that there is no restriction in … Continue reading Student Loan Plan 4 (Scotland) threshold for April 2026 confirmed →

Supporting students as they start the 25/26 academic year

Steven Darling, Director of Customer Experience, offers advice to help students get ready for payment This is an exciting time of year for students, especially those who are about to begin their first year and take the next major step in realising their potential. Many soon to be students up and down the country are … Continue reading Supporting students as they start the 25/26 academic year →

Student Loans Repayment Threshold confirmed for Plan 1 and 5

The Department for Education on 19th August 2025 confirmed annual updates repayment thresholds for Plan 1 and Plan 5 Income Contingent Student Loans. Income Contingent Repayment Student Loans Undergraduate loans Income Contingent Student Loans for Plan 1 (1998-2012) undergraduate loans The repayment threshold for Plan 1 loans will rise to £26,900 from 6 April 2026 … Continue reading Student Loans Repayment Threshold confirmed for Plan 1 and 5 →

Advice to Students on Clearing

Steven Darling, Director of Customer Experience, shares practical advice on Clearing and student finance as A-level results are released this week. For students results week can be a mix of excitement and nerves. If you’re exploring Clearing, take a moment — there’s still time to sort your student finance, and we’re here to help you … Continue reading Advice to Students on Clearing →

Payroll 2026/2027 – Student Loan Plan 5

HM Revenue and Customs (HMRC) Software Developers Support Team (SDST) have started to release change information that impacts payroll calculations from April 2026. This first area is the addition of undergraduate Student Loan Plan 5. The RTI instruction SL1 will start to indicate the use of Plan 5 in March 2026 in readiness for operating … Continue reading Payroll 2026/2027 – Student Loan Plan 5 →

Half of new students missed the finance deadline last year

The Student Loans Company (SLC) is reminding new full-time undergraduate students in England to apply now for students finance, ahead of the application deadline on 16th May 2025. Applying before the deadline is the best way to ensure that funding is in place for the start of the 25/26 academic year. Last year, almost half (45%*) of … Continue reading Half of new students missed the finance deadline last year →

Payroll dates – what affects what?

PAYadvice.UK sees a number of social posts and questions around the effective payroll dates when crossing from the 2024/2025 tax year into the new 2025/2026 tax year. Most recently have related to poor business planning by some employers on the impacts of National Insurance increases relating to work undertaken in March 2025 or earlier which … Continue reading Payroll dates – what affects what? →

New Lifelong Learning Entitlement (LLE)

New post-18 student-finance system from the 2026 to 2027 academic year. The Lifelong Learning Entitlement (LLE) applies to England and is to transform the post-18 student finance to create a single funding system. It will replace: higher education student finance loans advanced learner loans From September 2026, learners will be able to apply for LLE funding for … Continue reading New Lifelong Learning Entitlement (LLE) →

Issue 129 of Agent Update – March 2025

Dear PAYadvice.UK Agent Update: Issue 129 is available now.Get the latest guidance and information including: the Official Rate of Interest Lifetime Allowance (LTA) abolition – lump sum reporting HMRC’s new campaign helps customers 'take the hassle out of their hustle' advanced electronic signatures for R40, P87, and Marriage Allowance transfer claim form (MATCF) print and post … Continue reading Issue 129 of Agent Update – March 2025 →

Apply now for 25/26 student finance

Full-time undergraduate students in England are being encouraged to apply now for student finance, as the application service launches for the 25/26 academic year. The Student Loans Company (SLC) paid over 1.5 million students almost £22bn in maintenance loans, grants and tuition fees in the 23/24 academic year. And as students start to prepare for the upcoming … Continue reading Apply now for 25/26 student finance →

December 2024 Employer Bulletin

HMRC have issued the December 2024 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, payroll professionals and agents. In this month’s edition of the Employer Bulletin there are important updates and information on: PAYE employer National Insurance contributions and Employment Allowance changes announced at Autumn Budget 2024 automatic enrolment … Continue reading December 2024 Employer Bulletin →

Student Loan Plan 4 (Scotland) threshold for April 2025 confirmed

HMRC Software Developers Support Team (SDST) has confirmed (Wednesday 13th November 2024), the student Plan Type 4 (Scotland) threshold applicable from 6th April 2025 The threshold is to rise to: £32,745 The only remaining value to be confirmed is the Postgraduate Threshold, although some may predict that the threshold will again remain frozen.  The thresholds … Continue reading Student Loan Plan 4 (Scotland) threshold for April 2025 confirmed →

Student tuition fees and maintenance loans to rise

Tuition fees rise with inflation helping put universities on a secure footing alongside inflation-linked lift to maintenance loans. The government has today unveiled a package of measures to support students and stabilise the university sector.   Students facing cost of living pressures will be supported with an inflation-linked increase to maintenance loans, alongside new steps to … Continue reading Student tuition fees and maintenance loans to rise →

August 2024 Employer Bulletin

HMRC have issued the August 2024 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, payroll professionals and agents. In this month’s edition of the Employer Bulletin there are important updates and information on: PAYE employer liabilities and payments viewer — ‘Earlier Year Update’ becomes ‘end of tax year adjustment’ … Continue reading August 2024 Employer Bulletin →

Legislation updates 2025 for payroll

Originally started in readiness for 2021, PAYadvice.UK are constructing its popular PAYadvice Series Legislation Update 2025 for payroll. We believe that PAYadvice was the first organisation in the UK to bring together the various resources needed by payroll professional and payroll software developers in preparation for the April 2021 through April 2024 changes, even to … Continue reading Legislation updates 2025 for payroll →

Student Loan Plan 1 and 2 threshold increases April 2025

The Department for Education on 13th August 2024 confirmed annual updates to repayment thresholds for undergraduate Income Contingent Student Loans. Income Contingent Student Loans for Plan 1 (1998-2012) undergraduate loans The repayment threshold for Plan 1 loans will rise to £26,065 from 6th April 2025 to 5th April 2026. Income Contingent Student Loans for Plan … Continue reading Student Loan Plan 1 and 2 threshold increases April 2025 →

A – level results: Student Loan advice for clearing 2024

The long summer wait for exam results will finally end for students in England, Wales and Northern Ireland as A-level results drop Thursday 15th August 2024. Once students receive their results and the initial excitement or disappointment has settled, important decisions will be made, which for some will involve finding a course through Clearing. Clearing is … Continue reading A – level results: Student Loan advice for clearing 2024 →

Applying for a Student loan – get your NINO

With A level students planning their next steps in life, those starting university in September can ‘tap the app’ to get National Insurance and tax information they need to complete their student finance applications, HM Revenue and Customs (HMRC) has said. Those applying for a student loan for the 2024 to 2025 academic year are … Continue reading Applying for a Student loan – get your NINO →

February 2024 Employer Bulletin

HMRC have issued the February 2024 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, payroll professionals and agents. The next Employer Bulletin is in March 2024 In this month’s edition of the Employer Bulletin there are important updates and information on:  PAYE taxed award schemes 2024 National Insurance contributions … Continue reading February 2024 Employer Bulletin →

Postgraduate Loan threshold for April 2024 frozen

The Student Loans Company and HM Revenue and Customs (HMRC) have confirmed that the Postgraduate Loan (PGL) threshold for 2024-2025 tax year. The annual thresholds and rates for PGL and for each of the Student Loan (SL) plan types are: The Plan Type 1 annual threshold for 2024 to 2025 is £24,990.00The deduction Rate is … Continue reading Postgraduate Loan threshold for April 2024 frozen →

Students in England asked to sign up to SFE’s mailing list

The Student Loan Company (SLC) is encouraging prospective students to starting planning their student finance as Student Finance England (SFE) launches its mailing list The full-time, undergraduate application service for the 24/25 academic year is expected to open in March 2024, and by signing up, students will be among the first to receive an email … Continue reading Students in England asked to sign up to SFE’s mailing list →

Payroll 2024-25: Allowances, Rates and Thresholds from 6 April 2024

HM Revenue and Customs Software Developers Support Team have issued the following Monday 4th December 2023 and then updated further with the Scottish and Welsh budgets on Wednesday 20th December 2024. Dear PAYadvice.UK Following Scottish and Welsh Budget announcements we can provide the following Income Tax information for 2024-25. Details for England and Northern Ireland … Continue reading Payroll 2024-25: Allowances, Rates and Thresholds from 6 April 2024 →

Student Loan Plan 4 threshold for April 2024 confirmed

HMRC Software Developers Support Team (SDST) has confirmed (Monday 4th December 2024), the student Plan Type 4 (Scotland) threshold applicable from 6th April 2024. The threshold is to rise to: £31,395 The only remaining value to be confirmed is the Postgraduate Threshold, although some may predict that the threshold will again remain frozen. The thresholds … Continue reading Student Loan Plan 4 threshold for April 2024 confirmed →

Lifelong Learning Bill becomes law

The Lifelong Learning Bill becomes law, paving the way for a radical transformation of the student finance system. New measures have been enshrined in law that will transform student finance, allowing colleges and universities to charge different fees for different courses and opening up opportunities for adults to study in a way that works for … Continue reading Lifelong Learning Bill becomes law →

Overcharged Student Loan for those who Self Assess who have payrolled benefits in kind

As part of agent update 112 published 20th September 2023, HMRC have provided a response to a submitted question around Pay-rolled Benefits in Kind and Student Loan Deductions for borrowers in Self-Assessment. As a result of the question HMRC now confirm that for some student loan borrowers in repayment, that they were being over charged … Continue reading Overcharged Student Loan for those who Self Assess who have payrolled benefits in kind →

Student Loan Plan 1 and 2 thresholds confirmed for April 2024

The Department for Education has confirmed the Student Loan thresholds for Plan Type 1 and 2 to be operated from 6th April 2024. From 6 April 2024, the repayment threshold for pre-2012 (Plan 1) loans will rise to £24,990. The income threshold for post-2012 (Plan 2) from April 2024 will remain frozen at £27,295 as … Continue reading Student Loan Plan 1 and 2 thresholds confirmed for April 2024 →

New Student Loan Plan 5 is on its way – payroll deduction start April 2026

For students starting university in England this coming 2023 academic year, a new undergraduate and postgraduate student loan plan type 5 is introduced. We already have: Repayment plan 1 - If the course was started before 1st September 2012 (England and Wales); and also for loans in Northern Ireland Repayment plan 2 - If the … Continue reading New Student Loan Plan 5 is on its way – payroll deduction start April 2026 →

April 2023 Employer Bulletin

HMRC have issued the April 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, payroll professionals and agents. In this month’s edition there are important updates and information on: PAYE (Pay As You Earn) Classification of company cars and vans for benefit in kind purposes Employer PAYE … Continue reading April 2023 Employer Bulletin →

Student finance to be radically transformed from 2025

People are set to benefit from a complete overhaul of student finance, helping them get flexible loan funding to train, retrain and upskill throughout their working lives. The Lifelong Loan Entitlement (LLE) will empower more people to study in a way that works for them, opening up opportunities for those that might have never considered … Continue reading Student finance to be radically transformed from 2025 →

Cost of living boost for students

Financial package to help students with living costs and a further freeze on tuition fees. Students in need are to benefit from additional financial support designed to ease cost of living pressures and help them to meet everyday costs whilst they are completing their studies. In recognition of the challenges some students have faced due … Continue reading Cost of living boost for students →

Students warned to lookout for phishing and online scams.

The Student Loans Company (SLC) is reminding students to be on the lookout for phishing and online scams as the next student loan payment date approaches in January. Scammers may try to trick students into giving away personal and financial information by sending fake emails and texts, or calling and pretending to be from SLC, … Continue reading Students warned to lookout for phishing and online scams. →

Student Loan Thresholds Confirmed for April 2023

As part of the April 2023 changes to payroll, the HMRC Software Developers Support Team (SDST) has additionally confirmed the remaining student and postgraduate loans repayment thresholds. Plant Type 1 (with change) & Plan Type 2 (frozen - no change) had previously been confirmed. Additionally the threshold the threshold for Plan Type 4 for Scotland … Continue reading Student Loan Thresholds Confirmed for April 2023 →

Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023

Dear PAYadvice.UK, Following the Autumn Statement of 17 November 2022 we can confirm the following information for payroll 2023-24. Where details are not currently known these are marked as TBA and we will provide further information as soon as we receive it. 2023-2024 Personal Allowance: £12,570PAYE Thresholds: Weekly: £242Monthly: £1,048Standard / Emergency tax code: 1257LTax Code uplifts: … Continue reading Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023 →

October 2022 HMRC Employer Bulletin

HMRC have published their October 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE Reduction in the rate of National Insurance contributions and reversal of the Health and Social Care Levy — employer actions Making your PAYE Settlement Agreement payment Guidelines for Compliance — help with PAYE Settlement Agreement calculations Electronic … Continue reading October 2022 HMRC Employer Bulletin →

New Starter Checklist for PAYE available

HM Revenue and Customs have launched a New Starter Checklist as an alternative way for new employees to ensure their tax codes are correct if they don’t have a P45. By answering a series of questions and selecting the appropriate answers, this will produce a new starter declaration which can then be downloaded and emailed … Continue reading New Starter Checklist for PAYE available →

Fraud warning as new academic year approaches

The Student Loans Company (SLC) is urging students to be aware of fraud and phishing scams as the new academic year starts. They will pay more than £2billion to 2 million students over the coming weeks and reminding students to be vigilant. As payments make their way, the company is warning Freshers and returning students … Continue reading Fraud warning as new academic year approaches →

Clearing a path to higher education

Ahead of the release of A-Level results on Thursday 18th August 2022, the Student Loans Company (SLC) is sharing its top tips for prospective students going through Clearing this year. It’s predicted that this year’s Clearing window will be busier than ever, due to a range of factors, including an increase in the number of … Continue reading Clearing a path to higher education →

Student Loan Plan 1 & 2 thresholds confirmed for April 2023

The Department for Education has confirmed the Student Loan thresholds for Plan Type 1 and 2 to be operated from 6th April 2023. From 6 April 2023, the repayment threshold for pre-2012 (Plan 1) loans will rise to £22,015. The income threshold for post-2012 (Plan 2) from April 2023 will remain frozen at £27,295 as … Continue reading Student Loan Plan 1 & 2 thresholds confirmed for April 2023 →

Using the correct employee addresses — new starters

As part of the August 2022 employer bulletin, HMRC have emphasised the need for employers to notify the correct employee address on the first Full Payment Submission (FPS). Failure may result in an individual not being correctly identified, duplication, application by HMRC of a Temporary Reference Number (TRN) and the individuals record being placed into … Continue reading Using the correct employee addresses — new starters →

August 2022 HMRC Employer Bulletin

HMRC have published their August 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE PAYE Settlement Agreements — introducing new digital version of the PSA1 Form Payment deadline and calculation reminder Employers PAYE — introduction of variable payment plan First Full Payment Submission for new starters: the importance of using the … Continue reading August 2022 HMRC Employer Bulletin →

Autumn 2022 students – apply for student loans

The Student Loan Company (SLC) is urging new full time undergraduate students in England to apply for their student finance before the deadline on 20th May 2022. It’s estimated that around 1.5 million people will attend college or university this autumn, and the Student Loans Company (SLC) is urging students to apply for student finance … Continue reading Autumn 2022 students – apply for student loans →

April 2022 HMRC Employer Bulletin

HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents the latest information on topics and issues that may affect them. In April 2032edition of the Employer Bulletin there are important updates and information on: PAYE PAYE Settlement Agreements deadline Electronic payment deadline falls on a weekend Classification of company cars or … Continue reading April 2022 HMRC Employer Bulletin →

February 2022 HMRC Employer Bulletin

HMRC publishes their Employer Bulletin online 6 times a year, providing employers and agents with the latest information on topics and issues that may affect them. In the February 2022 edition there are important updates and information on: PAYE Basic PAYE Tools ― new release Changes to our Employer Helpline processes Health and Social Care … Continue reading February 2022 HMRC Employer Bulletin →

Student Loan Plan 2 and Post-Graduate loan thresholds frozen

The Plan 2 and PGL thresholds for 2022/2023 have been confirmed. Statement - Higher Education update Both thresholds remain at their tax year 2021/2022 levels, i.e.: Plan 2 - £27,295 per year (£2,274 per month, or £524 per week) Post-Graduate - £21,000 per year (£1,750 per month or £404 per week) So the confirmed Student … Continue reading Student Loan Plan 2 and Post-Graduate loan thresholds frozen →

Skills boost to support jobs

Nine new Institutes of Technology and a multi-million-pound investment in skills and technical training to level up opportunities. Adults and young people will benefit from more high-quality and flexible education and training – levelling up opportunities and supporting more people into higher skilled, higher wage jobs. Those looking to upskill or retrain will have access … Continue reading Skills boost to support jobs →

Legislation update 2022 for payroll

Following the successful Legislation update 2021 for payroll by PAYadvice.UK with 19,500 hits and downloads since its launch at the beginning of 2021, following the UK budget on 27th October trigger and confirming a number of payroll changes for April 2022, along with announcement by States of Guernsey and States of Jersey - PAYadvice.UK have … Continue reading Legislation update 2022 for payroll →

Student Loan Plan 2 and Postgraduate Loan thresholds frozen

The Department for Education (DfE) has announced a freeze to the Plan 2 and Postgraduate student loan repayment thresholds. Plan 2 repayment threshold Plan 2 student loans are those taken out for a course starting after 1st September 2012 for England and Wales.Plan 2 borrowers will continue to repay 9% of their earnings over the … Continue reading Student Loan Plan 2 and Postgraduate Loan thresholds frozen →

Short university courses to provide flexible training

Learners will be able to upskill or retrain at a pace that fits their lives through short university and college courses supported by bespoke loans People looking to study or train throughout their lives will have access to short university or college courses, in a major shake-up of traditional higher education. Universities and further education … Continue reading Short university courses to provide flexible training →

Student Loan plan 1 Threshold uplift for April 2022 confirmed

The Department for Education (DfE) confirmed the annual updates to the Thresholds of Income Contingent Student Loans and Mortgage Style Student Loans. Income Contingent Student Loans for pre-2012 (Plan 1) loans From 6 April 2022, the repayment threshold for pre-2012 (Plan 1) loans will rise to £20,195. PSP 2021(c) Income Contingent Student Loans for post-2012 … Continue reading Student Loan plan 1 Threshold uplift for April 2022 confirmed →

HMRC August 2021 Employer Bulletin

HMRC have issued the August 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer Bulletin there are updates and information on the following: UK Transition Travellers carrying cash Changes to right to work checks from 1 July 2021EU Settlement Scheme: late applications Coronavirus (COVID-19) updates and information Coronavirus Job Retention … Continue reading HMRC August 2021 Employer Bulletin →

HMRC June 2021 Employer Bulletin

HMRC have issued the June 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer Bulletin there are updates and information on the following: Coronavirus (COVID-19) updates and information Coronavirus: how HMRC will continue to support customers and the economyClaim working from home tax reliefContinued support for businesses: Statutory Sick … Continue reading HMRC June 2021 Employer Bulletin →

New and returning students urged to apply now for student finance

There is one simple step students should take to ensure their finances are in place by start of the next academic year – Apply Now, says Derek Ross, Executive Director, Operations In 2020, SLC processed and paid more students than ever before and the next academic year looks set to be another record-breaker. Data published … Continue reading New and returning students urged to apply now for student finance →

Students invited to apply now for finance as the application service launches for 21/22

Students in England are being encouraged to apply for student finance as soon as possible to ensure their finances are in place for the new academic year. Full-time undergraduate students in England are being encouraged to apply now for student finance, as the application service opens for the 21/22 academic year. So far this year, … Continue reading Students invited to apply now for finance as the application service launches for 21/22 →

SL1 student loan start notices – Plan 4 Scottish student loans – being issued from 5th March 2021

Are you ready to receive and apply the new SL1 notices requesting student loan deductions commence. 2021 sees the first issuing of SL1 notices for the new Scottish Plan 4 student loans deductions. The HMRC software developers support team (SDST) have indicated the following processing timetable of the revised SL1 notices which are applicable from … Continue reading SL1 student loan start notices – Plan 4 Scottish student loans – being issued from 5th March 2021 →