Student Loans

Student Loans are taken out by university students during their time in education.

These loans must be paid back when the person earns over a certain amount of money. This threshold is defined below along with other useful information on when an employee should start repaying.

Setting up Student loans in QTAC

To enable student loan on an employee, go to 'Employee > Employee maintenance > Payrates'

You will then need to tick either student loan or postgraduate loan (or both if they have both types!) and select the plan type, the start and end dates are optional but are useful if you need to schedule a automatic start or end of the student loan.

Student loan plans rates for 26/27

The rates for student loans have changed in 26/27 the new rates are below.

A little bit about us...

Qtac, a recognised payroll solutions provider in the UK, has been serving businesses for 30 years. Specializing in both payroll software and outsourced payroll services, Qtac caters to small businesses, large corporations, and payroll bureaux. Our software, recognised by HMRC, streamlines the payroll process, featuring RTI submissions, workplace pensions management, and a cloud-based portal for payslips and employee self-service. This software is supported by top-tier customer assistance, ensuring a smooth payroll experience.

Additionally, Qtac offers tailored ‘white-labelled’ outsourcing services. These services are particularly attractive to accountancy firms, as they save time, reduce stress, and mitigate payroll-related risks. By outsourcing to Qtac, companies can be confident in the knowledge that their payroll needs are being expertly managed.

Qtac's solutions are not just about functionality; they are about building long-lasting relationships with clients, offering them a combination of technology and expertise. Their commitment to adapting to client needs and providing reliable, efficient services has established Qtac as a trusted name in the payroll solutions sector in the UK. In essence, Qtac simplifies and enhances the payroll process for a diverse range of clients, ensuring compliance, efficiency, and customer satisfaction. 

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