I will suggest doing the correction prior to sending off your next regular Full Payment Submission (FPS). The steps are: Select the Employer. Then ‘Manage employees’. Select the employee. On left hand side, click on ‘Employee payments’. You will now see a table with headings: ‘Date of payment’, ‘Pay for tax purposes (£)’, ‘Submission status’, … Continue reading
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