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.
Date: 20th March, 2013
Articles from this Author
1st November, 2018
Budget 2018 - Changes for businesses
22nd October, 2018
Making the most out of your home? Rent a room relief
3rd May, 2018
Tax changes for non-resident corporate landlords
4th April, 2018
EMI options - a current risk
Contact Business Service Partners
Choose from the drop down menu below to select a Partner to contact.
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole