If you or your staff have a student loan – it is very important to let your accountant and payroll company know! Fines are out there if you don’t!
Why you need to tell your accountant and payroll company
There are 2 reasons:
The fines quickly stack up if you don’t do this and start at 15% of the amount you owe, up to 40%, not to mention interest charges.
Further essential reading: