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Updated interest rates and repayment thresholds for student loans announced

The latest annual update to Student Loan interest rates was made last week by the Department for Education.

Different rates and thresholds apply depending on the type of student loan and the new rates will apply from 1 September 2024 to 31 August 2025.

Those running payroll may want to be aware that the rates are changing in case of queries from staff with student loans who notice a change in their deduction in their September pay packet.

For details of the rates, see: https://www.gov.uk/government/news/student-loans-interest-rates-and-repayment-threshold-announcement--5

June 5, 2025

Why You Shouldn’t Ignore Old Tech: New Guidance from the NCSC

The National Cyber Security Centre (NCSC) has released new guidance on how to properly retire old digital systems and devices – a process known as decommissioning. The guidance is aimed at IT teams, but there are useful takeaways for any small business that uses computers, software or online systems.

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June 4, 2025

FSB Updates Guidance on Employers’ Liability Insurance

The Federation of Small Businesses (FSB) has recently updated its guidance on Employers’ Liability insurance - a useful reminder of the rules and risks around a business insurance that is legally required in the UK.

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