The procedure for starting and stopping student loan deductions is to change from 6 April 2008.
Currently, employers are required to start making student loan deductions from relevant employees on the first pay day falling 42 days or more after the date of issue shown on the HMRC Start Notice, form SL1. They should also stop deductions on the first pay day falling 42 days or more after the date of issue of the Stop Notice, form SL2.From 6 April 2008 the law is changing and the 42 day lead-time is being removed.
From 6 April 2008 employers must start student loan deductions on the first available pay day after the SL1 start date. Similarly, employers must stop deductions on the first available pay day after the SL2 stop date.
The 'first available pay day' is the first pay day on which it is actually possible to apply that notice.
If a start or stop notice was received before the next scheduled pay day but after an automated or clerical payroll run had been completed, the employer would not be expected to re-run that payroll. The change should be included in the next payroll run.
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