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Employer Loans

Date: 20th March, 2013   |   Author: Cathy Corns   |   Comments: 0

The Chancellor announced an increase in the threshold for exemption from interest tax on employment-related taxable cheap loans.  With effect from April 2014 loans up to £10,000 may be made – to cover the cost of season tickets for example – with no tax charge on a benefit in kind.

 

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