Beneficial loan arrangements - official rate of interest for 2015-16
13 February 2015
The Official Rate of interest, used to calculate the income tax charge on beneficial loans, has been announced for tax year 2015-16.
The new Official Rate of interest of 3% will take effect from 6 April 2015. This is subject to the necessary Treasury regulations coming into force.
You can view the tables of average and actual official rates on GOV.UK