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Student Loans Thresholds

The thresholds from 6 April 2018 are:

Plan 1 £18,330
Plan 2 £25,000

Remember to check and operate the correct plan type when you set up student loan deductions for an employee. You’ll find the plan type information on form SL1, the starter checklist or by asking your employee. If your employee does not know their plan type they need to check with the student loans company.