United Kingdom · Question · Written question
UIN 3323
Tax Allowances
Introduced
30 August 2024
Last action
9 September 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
9 September 2024
Summary
To ask the Chancellor of the Exchequer, if she will make an assessment of the viability of an amendment to section 180(1)(a) of the Income Tax (Earnings and Pensions) Act 2003, to increase the maximum value of employer loans in the context of levels of in
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Timeline
30 August 2024
Written question
To ask the Chancellor of the Exchequer, if she will make an assessment of the viability of an amendment to section 180(1)(a) of the Income Tax (Earnings and Pensions) Act 2003, to increase the maximum value of employer loans in the context of levels of in
Source: Commons
9 September 2024
Answer
Within the current benefit in kind tax rules employers are able to provide their employees with a loan, which can be provided tax free, as long as the total value of the loan is below £10,000. This type of loan can be used to make purchases such as train ...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-08-30/3323
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1726086
- uk · wq-1726086 · source updated 9 September 2024