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A
agams
February 10, 2022
Solved

Student loan Plan 2

  • February 10, 2022
  • 1 reply
  • 0 views

Hello,

 

We have selected the Plan type for an employee with a student loan and a Student Loan line now appears on the payslip, but it is zero in the 1st payslip and looks to zero again in this months payslip. 

Is there something further we should be doing to ensure the deduction amounts are taken? 

 

Thanks

Best answer by GeorgiaC

Hi agams, does the employee meet the current repayment threshold? For SL plan 2, individuals who earn a monthly income below £2,274 will not have any repayment deductions. 

1 reply

G
GeorgiaCAnswer
February 10, 2022

Hi agams, does the employee meet the current repayment threshold? For SL plan 2, individuals who earn a monthly income below £2,274 will not have any repayment deductions. 

    A
    agamsAuthor
    February 10, 2022

    That would explain it.

    Thanks so much!

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