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Tip: Before completing the student loan details, please read the information in the section Dealing with student loans.
To enter student loan details, from the employee list, select the relevant employees > Employee > Employee Record > Employment.
Use this table to help you complete the employee's student loan details.
| Option name | Description |
|---|---|
|
From |
Enter the date the deductions start. If you're entering student loan details for a new employee because of information on form P45, P46 or Starter Checklist, this date is set to their employment start date. If HMRC send you a Start Notice form SL1, enter the start date shown on the form in this box. |
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To |
If HMRC send you a Stop Notification form SL2, enter the stop date in this box. |
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Tip: Using the IR Secure Mailbox, you can automatically update your employee records with details contained in notices received from HMRC, including forms SL1 & SL2. To find out more, see An introduction to the secure mailbox. |
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Priority |
If the employee has an attachment of earnings order (AEO), enter a priority number for the student loan. This is used to manage the order in which the deductions are made so that the employee's net pay is protected from falling below a specific amount. Note: This box is not available unless an AEO is assigned to the employee. |
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Protected |
The protected amount and the priority order number ensure the employee's net pay does not fall below this amount. Note: This box is not available unless an AEO is assigned to the employee. |
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Unsure? Refer to the HMRC helpbook E17 - Collection of Student loans. |
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Tip: When you use the Enter Payments option to pay your employee, the amount of student loan deducted for the current pay period appears on the Summary tab. See Paying people.
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Need more help? The Ask Sage online database is available to Sage Cover members. |
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If you have any feedback about this topic, we'd love to hear from you.
If you have Sage Cover and you have a general support query, you can get in touch at https://my.sage.co.uk/contact-us/
If you don't have Sage Cover, you can find out more about it here.