Expenses and benefits: loans provided to employees
Work out the value
You can work out the value of loans using HMRC鈥檚 PAYE Online or commercial payroll software.
You can also work out the value manually on P11D working sheet 4.
Salary sacrifice arrangements
If the cost of the loan is less than the amount of salary given up, report the salary amount instead.
These rules don鈥檛 apply to arrangements made before 6 April 2017 - check when the rules will change.