How to complete P11D section H, box 15 - interest free and low interest loans

Article ID

ias-5641

Article Name

Created Date

12th March 2008

Product

IRIS Personal Tax

Problem

How can figures be entered into section H, box 15 for a low interest or interest free loan?

Resolution

Users are required to: 1. Log on to the P11D module, select the relevant employer, click on the employee. 2. From the Edit menu, select Employment benefits. 3. Add an employment benefit using benefit number 1 and/or 2. 4. Information relating to loans can be completed via the Loan Details button located on the benefit data entry screen.

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