Where an employee receives assistance from the employer by way of a beneficial loan, an interest benefit arises.
From January 2024, the value of the benefit is determined by comparing the agreed rate of interest on the loan payable to the employer,
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 28 Aug 2024 12:18