Find help with making employees’ education loan and loan that is postgraduatePGL) deductions in numerous circumstances.
Arrange and loan kinds and thresholds
With effect from 2020, the thresholds for making student loan deductions are april:
- Arrange 1 вЂ“ ВЈ19,390 annually (ВЈ1,615.83 an or ВЈ372.88 a week month)
- Arrange 2 вЂ“ ВЈ26,575 annually (ВЈ2,214.58 an or ВЈ511.05 a week month)
Workers repay 9% associated with quantity they make on the limit for Arrange 1 and 2.
Workers repay 6% regarding the quantity they make on the limit for PGL . Continue reading →