Tax Insider Tip: Interest(ing) Times! Interest-free and low interest loans
There are various situations in which an employee may enjoy a cheap loan from his or her employer, loans to buy a season ticket being a popular example.
In June's issue of Business Tax Insider, Sarah Bradford looks at the benefit-in-kind charge that may arise where an employee or director has a cheap loan.
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>> Interest(ing) Times! Interest-Free And Low-Interest Loans