How to refund a Student Loan

Firstly remove the Student loan indicator from the employee from Employee>Employee Maintenance Pay Rates tab.

Then Open and Pay the employees and select the ‘Change’ button.

Select the ‘Student Loan’ tab and enter the refund as a negative whole number of pounds in the Pre-Calculated Amount field.

Then click ‘Save Student Loan’.

When ‘Calculate’ is clicked the refund amount will appear in the deductions.

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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.

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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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