The Student and Postgraduate Loan Thresholds and rates for payment from 6th April 2023 have been confirmed:

DatePlan
Type

1 Threshold
Plan Type
1
Rate
Plan
Type
2 Threshold
Plan Type
2
Rate
Post-
grad Threshold
Post-
grad

Rate
Plan
Type
4 Threshold
Plan Type
4
Rate
6th
April 2021
£19,8959%£27,2959%£21,0006%£25,0009%
6th
April 2022
£20,1959%£27,2959%£21,0006%£25,3759%
6th
April 2023
£22,0159%£27,2959%£21,0006%£27,6609%

For more information on how to operate Student Loan and Postgraduate Loan deductions within the SD Worx pay solution see:

Leave a Reply