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  4. Travel advance guide
  5. Tax implications

Tax implications

Contents

  1. Travel advance guide
  2. Repayment
  3. Tax implications
  4. What you can claim

An advance for travel and cycling to work is an interest free loan. You may have to pay tax if you receive more than £5,000.

For more information, please see HMRC tax rules on beneficial loans

 

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Next page : What you can claim

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About this page

Published
5th March 2013
Last updated
10th December 2015
Author
Luke Oatham

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