The HMRC Software Developer Support Team have kindly issued the new adjusted HMRC ‘New Starter Checklist’ to software developers to aid preparation for the 2026/2027 tax year. This new format comes into operation for payroll paying from 6th April 2026. Many years ago these were referenced as a P46 and that name continues to sometimes … Continue reading April 2026 Starter Checklist changes
Category: Student Loans
Student Loan deductions The student plan threshold applicable from 6th April 2026 for Plans 1 and 5 were confirmed on Tuesday 19th August 2025. The threshold for Plan 4 (Scotland) was shared by the HMRC CSL Consultation Group on Tuesday 2nd September 2025, and was more formally confirmed by the Scottish Parliament. The Department for … Continue reading April 2026 Student Loan Repayment Thresholds confirmed
At the HMRC Collection of Student Loan (CSL) consultation group,held on Tuesday 2nd September 2025 the following was shared. If has been confirmed that the student Plan Type 4 (Scotland) threshold applicable from 6th April 2026, this information will be additionaly announced at a later point by the Scottish Parliament who have confirmed that there … Continue reading Student Loan Plan 4 (Scotland) threshold for April 2026 confirmed
The Department for Education (DfE) today (10 August 2022) confirmed annual updates to interest rates and repayment thresholds for Income Contingent Student Loans, and the interest rates and deferment threshold for Mortgage Style Student Loans.
In the HMRC agent update 96 published 19th May 2022, revised guidance has been issued in relation to the late receipt of P45s from employees that miss the first payment and the intial Real Time Information (RTI) Full Payment Submission (FPS). Often employees mislay their P45, or the former employer has not yet issued the … Continue reading Don’t use tax values from late P45s
The Department for Education (DfE) has confirmed the annual updates to the thresholds of post-2012 and postgraduate Income Contingent Student Loans.
Chris Larmer, Student Loans Company Executive Director, Operations statement on first term student loan payments.
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 repayment … Continue reading Student Loan Plan 2 and Postgraduate Loan thresholds frozen