student loan deduction

Student loan deduction threshold increase from April 2012

By Payroll-help

Retail Prices Index in March 2011 is used to increase the £15,000 threshold from April 2012. The current £15,000 annual threshold for student loan deductions through the payroll was due for review by the last Government in 2011.  The Coalition government decided instead to increase the threshold annually between 2012 and 2016 in line with [...]

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Payroll Update 2013