Computers loaned by employer  

Before 6 April 2006 there was an exemption for the first £500 of the cash equivalent of the benefit associated with a computer loaned by an employer to an employee. This exemption was abolished from 6 April 2006.

From 6 April 2006 a computer loaned to an employee is treated in the same way as any other asset – see NIM13140.

However, if the computer is provided solely for business use and any private use is not significant, the computer continues to be exempt from a benefit charge – see EIM21613. This exemption has been in place since 2000 and is unaffected by the abolition of the computer exemption.

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