CSLM10011 – FAQs: employers questions and answers: P45 / P46 has a 'Y' in the box - what do I do?

Suggested answer

Start making Student Loan deductions from the next pay-day.

Student Loan Deduction Tables or the Employer CD-ROM will enable you to deduct the correct amount on each pay-day. To obtain the tables or the Employer CD-ROM please contact the Employer’s Orderline on 08457 646 646.

If you want further information, telephone the Employer’s Orderline, (08457 646 646), and ask for a copy of the Employer Helpbook – Collection of Student Loans – An employer’s guide to the collection of student loans (E17). This is also available on the Employer CD- ROM or on the Internet from the main HMRC site.

HMRC action

None

Notes:

1. Following receipt of a form P45 with a 'Y' in the Student Loan box, or where the employee has ticked box D (Student Loans) of a P46, deductions should commence from the next pay-day.
   
   
2. Where the employee has ticked the Student Loans box of a P46, the employer will also receive a Start Notice SL1. No action needs to be taken on this Start Notice, which can be filed.