News and Information
The world of Payroll can be confusing at times, particularly as legislative changes and updates happen so frequently.
New Student Loan Plan 5 Explained: What It Means for Payroll from April 2026
There is a new student repayment plan, Plan 5, for Student Finance England whereas Student Finance Wales, Student Awards Agency Scotland and Student Finance Northern Ireland remain the same.
Self Assessment Tax Returns and Student Loans
Although not directly related to payroll HMRC have recently highlighted an issue where an employee has a student loan, benefits in kind processed via payroll and submits a tax return.
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