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Good Morning,
Within Practice Question 19 (Renner) on page 224, Point 6 it states in the question that Renner receives a Loan from Employer at 2%.
I know that the published Table clearly states that the official rate for 18/19 would be 2.5%, however at the bottom of the question it clearly in bold states that the official rate of interest is 3% which I used for calculation which having checked solution I now know is wrong.
Is this a typo in Question? If not can you please guide me on the logic as it also impacts the additional living accommodation charge calc as well
Many thanks as always
Craig
It is indeed a typo in the question that I thought had been corrected it should of course be 2.5% – my apologies
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