Te mau pūkete mō ngā pūtea taurewa iti te huamoni Record keeping for low interest loans

Your records for low-interest loans must show the:

• date the loan started
• name of the employee receiving the loan
• description of the loan
• amount of interest charged
• prescribed or market rate of interest.

Employer provided low-interest loans

Prescribed interest rates for fringe benefit tax

Work out the taxable value of a low-interest loan