Guidance

Rates and allowances: beneficial loan arrangements

Find out the actual and average official rates of interest on beneficial loan arrangements.

From:
HM Revenue & Customs
Published
5 April 2013
Last updated
6 April 2024 — See all updates

Documents

Beneficial loan arrangements — HMRC official rates

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The attached document is classified by HMRC as guidance and contains information about the interest rates payable on beneficial loan arrangements.

Updates to this page

Published 5 April 2013
Last updated 6 April 2024 + show all updates

  1. The rates for 2023 to 2024 and 2024 to 2025 have been added.

  2. The average official rates have been updated to include tax years 2019 to 2020, 2020 to 2021, 2021 to 2022 and 2022 to 2023. The actual official rates have been updated to include 2023.

  3. Rates, allowances and duties have been updated for the tax year 2021 to 2022.

  4. Guidance has been updated for ORI being reduced from 2.25% (current) to 2% starting 6 April 2021.

  5. The guidance has been updated with the actual official rate of 2.25% that will apply from 6 April 2020, subject to the necessary Treasury regulations coming into force.

  6. The guidance has been updated to show the average official rate of 2.50% will apply from 6 April 2019.

  7. Rates, allowances and duties have been updated for the tax year 2017 to 2018.

  8. The guidance has been updated to show the actual official rate of 2.50% will apply from 6 April 2017.

  9. Actual official rate of 3.0% will apply from 6 April 2016.

  10. Actual official rate of 3.0% will apply from 6 April 2015, subject to the necessary Treasury regulations coming into force.

  11. First published.

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