Tax Checked 2026-08-12

HMRC official rate of interest (beneficial loans)

3.75%

per year · valid 2026-04-06 → until changed

What is the HMRC official rate of interest (beneficial loans) right now?

The current figure is 3.75% (per year), effective from 2026-04-06 to until changed, according to HMRC. Last checked against the official source on 2026-08-12.

Can now change in-year (no longer fixed for a whole tax year).

Cite this figure

The HMRC official rate of interest (beneficial loans) is 3.75% (per year), effective from 2026-04-06 (current until changed). Source: HMRC (https://www.gov.uk/government/publications/rates-and-allowances-beneficial-loan-arrangements-hmrc-official-rates/beneficial-loan-arrangements-hmrc-official-rates), via UK Rates & Thresholds (rates.trycashpilot.com), checked 2026-08-12.

Official source	HMRC
Valid from	2026-04-06
Valid to	until changed
Last checked	2026-08-12
Machine-readable	JSON for this figure

History

Previous values
3.75% from 2025-04-06
2.25% from 2023-04-06

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This is data, not advice. Figures are republished from official sources with links and dates. Always verify with the linked official source before acting.