Ptx
Options
simon1234
Registered Posts: 4 New contributor 🐸
I wonder if someone could help me get my head round this question, the only one I cannot understand :glare:. On 6th of july, ken was provided with a company loan of £20,000 on which he pays interest at 3% per annum. the official rate of interest in 4%. what is the benefit in kind for 2012/13?..... Many thanks for the help in advance
0
Comments
-
It will be the difference in interest, but remember to time apportion it as he only has the loan for part of the year.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 18.9K For AAT students
- 267 NEW! Qualifications 2022
- 147 General Qualifications 2022 discussion
- 9 AAT Level 2 Certificate in Accounting
- 43 AAT Level 3 Diploma in Accounting
- 65 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 274 VAT
- 92 Software
- 274 Tax
- 138 Bookkeeping
- 7.3K General accounting discussion
- 194 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 352 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 590 Job postings
- 17 Who can benefit from AAT?
- 36 Where can AAT take me?
- 44 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 65 AAT membership