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Student Loan Repayments

If an employee has benefitted from Student Loan facilities whilst undertaking their tertiary education, HMRC will require the employer to start deducting loan repayments during payroll. HMRC will write to the employee and their employer if they assess the employee’s earnings as high enough to start making student loan repayments. The letter will specify the required repayment calculations and dates for starting the deductions.

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Fungayi Mukosera

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