CSLM10122 - FAQs: employers questions and answers: do I include benefits for SL purposes?
Suggested answer
For student loan and or postgraduate loan purposes only include earnings as you would calculate for employer’s secondary Class 1 NIC purposes.
This will exclude most benefits in kind. Full details of the treatment of benefits for NICs purposes are given in the booklet CWG2 - Employer’s Further Guide to PAYE and NICs, which is available from the HMRC website.
HMRC action
None.
Notes:
| 1. | The golden rule is ‘If it is liable to NICs it is also liable to Student Loan and Postgraduate loan deductions’. |
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| 2. | This applies not only to what income should be included but also applies to queries concerning earnings periods. For more information see CSLM17055. |