CSLM17035 - SL repayments: borrower within PAYE: remitting deductions to HMRC - HMRC internal manual

CSLM17035 - SL repayments: borrower within PAYE: remitting deductions to HMRC

皇冠体育app introduction of the Collection of Student Loans has no affect on

皇冠体育app frequency with which an employer makes payments of tax, NIC and so on to HMRC

皇冠体育app time limits applying to such payments

Student and or postgraduate聽loan deductions are an additional charge that must be paid over to HMRC together with tax and NIC.

In-year remittances

皇冠体育app employer should continue to make payments to HMRC at the agreed monthly or quarterly intervals.

In order to conform with banking requirements it is not possible to amend the payslips that accompany in year payments to HMRC. 皇冠体育app amounts of Student and or postgraduate聽loan deductions are therefore lumped together with the amounts of tax shown on the remittance slip.

However the Employer鈥檚 Payment Record, form P32, does allow the employer to maintain a breakdown of Tax / Student Loan/Postgraduate Loan聽deductions. This will be required at the end of the year.

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End of year remittances

皇冠体育app End of Year procedures that apply in RTI and the time limits also apply to student and or postgraduate聽loans. Form P60 includes columns for Student and or postgraduate聽loan deductions.

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How Student Loan receipts are handled by HMRC

(This聽content has been withheld because of exemptions in the Freedom of Information Act 2000) and or postgraduate聽loan(This聽content has been withheld because of exemptions in the Freedom of Information Act 2000)

(This聽content has been withheld because of exemptions in the Freedom of Information Act 2000) and or postgraduate聽loan (This聽content has been withheld because of exemptions in the Freedom of Information Act 2000)

皇冠体育app

Collection of Student Loans Manual