Student Loan specification for software developers

16 October 2015

Following guidance on Plan 2 student loans issued by HMRC in July and as a result of further queries from payroll software developers, some additional information about the 2016/2017 changes has been added to section 1 of the Student Loan specification.

These changes will also include a revised starter checklist so that new employees can indicate the plan type for deductions. HMRC’s software developer’s team are expecting to receive a copy of the new Starter checklist in November and it will be circulated when they receive it.

The August Employers Bulletin also provided an update but if anyone has any further questions, please direct them to [email protected].