Good day, I am a bit confused i understand your workings but from interruption of Beneficial loans point (ii) interest on the loan at official rate less any interest “”actually paid””, shouldn’t this be on the 5000 and the 15000 were paid in June and December respectively? Those figures were actually paid back but the 35000, 30000 and 15000 were/s all still outstanding.
Hi, Thank you for such well explained lectures. i am just wondering if there is a lecture missing on PAYE system or its my my side with a fault. thanks 馃檪
levanrich says
Good day,
I am a bit confused i understand your workings but from interruption of Beneficial loans point (ii) interest on the loan at official rate less any interest “”actually paid””, shouldn’t this be on the 5000 and the 15000 were paid in June and December respectively? Those figures were actually paid back but the 35000, 30000 and 15000 were/s all still outstanding.
nicburke says
There is a little overlap with the newly recorded video on fuel benefits here – first twenty minutes or so of this video are covering it as well
asiulak says
What if the loan was taken in the middle of tax year? Can I still use the average method and just mutiply the equasion “[(x+y)/2]x2.5%” by 6/12?
premier says
Hi, Thank you for such well explained lectures. i am just wondering if there is a lecture missing on PAYE system or its my my side with a fault. thanks 馃檪
shreyasanyal1991 says
Hi,
Could you find the lecture on the PAYE which is a continuation of this chapter and is there in the notes but isn’t part of the lectures?