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The attached document is classified by HM Revenue and Customs as guidance and contains information about the interest rates payable on beneficial loan arrangements.
Beneficial loan arrangements – HMRC official rates – GOV.UK – Average official rates. Use the table below to find the average official rate of interest for years when: the loan was outstanding throughout the Income Tax year
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HMRC have detailed guidance and manuals both for their staff and the general public. Some of this documentation can be overwhelming. We have reproduced salient …
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