Beneficial loan arrangements - official rate of interest for 2016-17
11 February 2016
The Official Rate of interest, used to calculate the income tax charge on beneficial loans, has been announced as remaining at 3% for tax year 2016-17.
The Official Rate of interest will remain the same as the current tax year at 3% from 6 April 2016. 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.