Budget 2013 Employee Loans
Published / Last Updated on 11/03/2014
Budget 2013 Employee Loans
Currently employers can lend employees up to £5000 with no beneficial loans tax.
This will be increased to £10,000.
Many employers offer help to employees to be able to purchase things like annual travel passes.
Not just in London, where travel expenses are high, but around the country this is welcome boost for those that buy annual travel passes.