How to add student loan deuctiosn to employee payroll

Yes, you will need to select the right plan type as per HMRC's advice and set up the payroll to ensure deductions are calculated correctly, lovebartonoxford I'll guide you through the process to ensure everything is a breeze for you.

Here's how:

1. In QuickBooks Online (QBO), head to the Payroll menu on the left panel and choose Employees.
2. On the Payroll screen, look for the employee you're working on from the list and select the name to show more details.
3. In the Workplace pension, loan & other deductions section, click the Edit link to view more options.
4. Navigate to the Deductions and contributions section and click the Add deduction/contribution link.
5. In the Add deduction/contribution window, press the Deduction/contribution type drop-down and pick the appropriate option.
6. From the Type drop-down, choose the right option: After-tax deduction or Repayment.
7. Enter a name in the Description field to identify the paytype.
8. Click Save and Done.
   
   

Take a look at this article for more in-depth information about the process: Set up voluntary deductions in QuickBooks Online Core Payroll. It includes instructions to edit or remove the payroll item.

You can also check out the QuickBooks Online Core Payroll | Resource Hub to find a list of tasks you can accomplish with the service, along with links to helpful articles.

Stay in touch if you still have other payroll or QuickBooks concerns. The Community is always ready to assist you further.