Beneficial Loan Calculator 2026/27
Calculate the benefit in kind on employer loans below the HMRC official rate of 2.25%.
Beneficial Loan Calculator
FAQs
What is a beneficial loan?
An employment loan where no interest or interest below the official rate (2.25%) is charged.
Is there a de minimis limit?
Yes, loans under £10,000 throughout the tax year are exempt from benefit in kind charges.
Beneficial Loan Rates 2026/27
Official Rate2.25%
De Minimis£10,000
Class 1A NIC13.8%
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Calculator by Waqas Sagar, Tax Expert