WHEN does repayment to the Student Loans Company (SLC) kick in? For courses starting from 1998, repayments start and continue when income exceeds pre-determined thresholds. The amount deducted is 9% of gross income. This can be calculated and taken weekly, monthly or annually via the payroll department. Employees subjected to PAYE will generally get the … Continue reading
I get asked this a lot and I will try to keep my response simple. If you employ staff (including yourself) to help run your business, you might need to register as an employer with the HMRC. Note that limited companies, whether one man bands or not, are employers as at the very least the … Continue reading