Payroll (Cloud)
Step-by-step guide
The system will only allow one plan to be added at any time. You will need to add the lowest threshold out of the plans the employee has.
The employee should repay 9% of their income over the lowest repayment threshold among the plan types they hold. Only a single repayment will be deducted each time they are paid, even if they have more than one Student Loan plan type.
So if the employee is on Plan 1 and Plan 2, you would need to record them as Plan 1.
| Note: Check the If you’re on more than one plan type section for more HMRC guidance. |
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