CSLM10213 - FAQs: employers questions and answers: employee leaves: start notice held but no deductions made and employee is leaving / left
Suggested answer
Even though you have not made any Student Loan deductions you should enter a 鈥榊鈥� in the Student Loan box on the form P45. (Unless you have already received a Stop Notice).
HMRC action
None
Note: The 鈥榊鈥� in the Student Loan box on form P45 does not indicate that deductions have been made. It tells the new employer that instructions have been given to commence making deductions