Payroll technical specifications: student loans
Student loans collections specification for payroll software developers.
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Details
Technical specification on student loans for software developers working with payroll software.
Last updated
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The annual thresholds for 2023 to 2024 have been added.
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Corrected the formula in section 3 of the information on the collection of student loans from 6 April 2022 due to an error.
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New information for collecting Student Loans from 2022 to 2023 added
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Collection of student loans from 6 April 2021 has been added.
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Added 'Collection of student loan from 6 April 2019' with information on how to calculate student loan deductions following the introduction of the postgraduate loan.
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Technical specification on student loans from 6 April 2016 versions 1.0 and 2.0 have been added to the page.
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First published.
Update history
2024-11-21 15:10
Annual threshold and recovery rate values for 2017 to 2018 and 2018 to 2019 have been removed from the ‘collection of student loans from 6 April 2025’.
2024-11-20 11:52
Collection of student loans from 6 April 2025 has been added.
2024-02-05 16:06
Collection of student loans from 6 April 2024 has been added.
2023-01-16 14:19
The annual thresholds for 2023 to 2024 have been added.
2022-10-05 13:12
Corrected the formula in section 3 of the information on the collection of student loans from 6 April 2022 due to an error.
2022-10-03 15:29
New information for collecting Student Loans from 2022 to 2023 added