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CSLM17040 | SL repayments: borrower within PAYE: end of year

From HM Revenue & Customs · Collection of Student Loans Manual

The introduction of the Collection of Student Loans (CSL) process has little impact on the existing RTI End of Year obligations on employers or procedures

Employers’ CSL responsibilities at the end of the year

The employer should

  • Maintain a record of all Student and or postgraduate loan deductions made

And

  • Show these amounts separately on both the monthly and final Full Payment Submission (FPS) forms

Where Student and or postgraduate loan deductions have been made during the year the employer must enter the amounts on each of the following forms

  • FPS - The final FPS for the year should show the student and or postgraduate loan deductions made in that final period

  • P60 - Certificate of pay and so on deducted - 'Student and or Postgraduate Loan Deductions in this employment'

  • Employer enters the total amount of Student and or postgraduate loan deductions in this employment

The existing time limits for submission of the Final FPS submissions to HMRC remain unaltered.