Part 3Employment income: earnings and benefits etc. treated as earnings
Chapter 7Taxable benefits: loans
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.