Repaying your student loan
Update your employment details
You need to update your details if you:
- leave the UK for more than 3 months (for example, you go travelling or move overseas)
- return to the UK after more than 3 months away
- get a letter or email from the Student Loans Company (SLC) asking you to update your employment details
SLC use these details to work out if you should be repaying your loan.
You might be charged a higher interest rate or build up debt (‘accrue arrears’) if you do not update your details.
This page is Part of Start a new job: step by step
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Step 1: Get your National Insurance number
You'll need your National Insurance number to start your new job.
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Step 2: Accept the job offer
The offer might be ‘conditional’ or ‘provisional’, which means you may need to give further details to your new employer or pass pre-employment checks.
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Step 3: Share your details for any employer checks
Give your new employer what they need to complete any pre-employment checks.
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Step 4: Review your employment contract
Your new employer should give you an employment contract. Check the terms before you agree to it.
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and If you're leaving a job, hand in your notice
Tell your current employer that you’re going to leave and when your last day will be. This is known as handing in your notice.
When you hand in your notice, ask your employer when you’ll get your P45.
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Step 5: Prepare your personal information for your first day
To get paid, you’ll need to give your new employer:
- your National Insurance number
- your bank details
- proof of your identity
- what student loan repayment plan you’re on, if you have one
- details of what benefits you get, if any
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Step 6: Give your P45 to your new employer
Your new employer will use your P45 to work out how much tax to take from your pay.
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or If you do not have a P45, fill in the starter checklist
Use the starter checklist to give your employer details they need to work out your pay and tax.
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Step 7: Check your first payslip
Your employer must give you a payslip on or before payday.
It’s your responsibility to make sure you’re paying the right amount of tax.
If you think the tax is wrong, your tax code may be incorrect.