HC Deb 28 October 2003 vol 412 c212W
Mr. Brady

To ask the Chancellor of the Exchequer in what circumstances equity loans under the Key Teacher Homebuy Scheme will be treated as a taxable benefit. [134602]

Dawn Primarolo

A loan to a teacher, as to any employee, will be a taxable benefit if it is on beneficial terms and made, or arranged, guaranteed or facilitated in any way, by the employer.