Part 3Employment income: earnings and benefits etc. treated as earnings
C1Chapter 7Taxable benefits: loans
Annotations:
Modifications etc. (not altering text)
Introduction
173Loans to which this Chapter applies
1
This Chapter applies to a loan if it is an employment-related loan.
2
In this Chapter—
a
“loan” includes any form of credit, and
b
references to making a loan (and related expressions) include arranging, guaranteeing or in any way facilitating a loan.
3
Sections 288 and 289 make provision for exemption and relief for certain bridging loans connected with employment moves.
Pt. 3 Ch. 7 extended (with modifications) (with effect in accordance with s. 97(3) of the amending Act) by Finance Act 2006 (c. 25), s. 97(1)(2)