Example of Creating Interest Free and Low Interest Loans Taxable Benefits for the UK

This example describes how you can create taxable benefits for interest free and low interest loans for the UK.

The Interest Free and Low Interest Loans card component for the UK Taxable Benefits card has this shape:

uk taxable benefits loans component

Refer to the Guidelines for Loading Taxable Benefits for the United Kingdom topic for the attributes to supply for each record type.

This example creates a Taxable Benefits card with the Interest Free and Low Interest Loans card component for employee assignment E472352.

The CalculationCard.dat file is used to bulk-load Taxable Benefits cards with HCM Data Loader:

METADATA|CalculationCard|SourceSystemOwner|SourceSystemId|LegislativeDataGroupName|DirCardDefinitionName|EffectiveStartDate|AssignmentNumber
MERGE|CalculationCard|VISION|TB_472352|UK LDG|Taxable Benefits|2020/01/01|E472352

METADATA|CardComponent|SourceSystemOwner|SourceSystemId|LegislativeDataGroupName|DirCardId(SourceSystemId)|EffectiveStartDate|DirCardCompDefName|ComponentSequence|Context1
MERGE|CardComponent|VISION|TB_472352_LOAN|UK LDG|TB_472352|2020/01/01|Interest Free and Low Interest Loans|1|Loan reference

METADATA|ComponentDetail|SourceSystemOwner|SourceSystemId|LegislativeDataGroupName|DirCardCompId(SourceSystemId)|EffectiveStartDate|DirCardCompDefName|FLEX:Deduction Developer DF|DirInformationCategory|_PROCESS_OR_REPORT(Deduction Developer DF=ORA_HRX_GB_INTRST_LOAN_2017)|_NUMBER_JNT_BORROWER(Deduction Developer DF=ORA_HRX_GB_INTRST_LOAN_2017)|_AMOUNT_OUTSTANDING_START(Deduction Developer DF=ORA_HRX_GB_INTRST_LOAN_2017)|_AMOUNT_OUTSTANDING_END(Deduction Developer DF=ORA_HRX_GB_INTRST_LOAN_2017)|_MAXIMUM_AMOUNT_OUTSTANDING(Deduction Developer DF=ORA_HRX_GB_INTRST_LOAN_2017)|_CURRENCY_OF_LOAN(Deduction Developer DF=ORA_HRX_GB_INTRST_LOAN_2017)|_NUMBER_COMPLETE_TAX_MONTH(Deduction Developer DF=ORA_HRX_GB_INTRST_LOAN_2017)|_INTEREST_PAID_LOAN(Deduction Developer DF=ORA_HRX_GB_INTRST_LOAN_2017)|_CASH_EQUIVALENT(Deduction Developer DF=ORA_HRX_GB_INTRST_LOAN_2017)|_AMOUNT_FOREGONE(Deduction Developer DF=ORA_HRX_GB_INTRST_LOAN_2017)
MERGE|ComponentDetail|VISION|TB_472352_LOAN_2017|UK LDG|TB_472352_LOAN|2020/01/01|Interest Free and Low Interest Loans|ORA_HRX_GB_INTRST_LOAN_2017|ORA_HRX_GB_INTRST_LOAN_2017|P11D|2|5000|4000|2000||5|||

METADATA|CardAssociation|SourceSystemOwner|SourceSystemId|LegislativeDataGroupName|DirCardId(SourceSystemId)|EffectiveStartDate|TaxReportingUnitName
MERGE|CardAssociation|VISION|TB_472352_TRU|UK LDG|TB_472352|2020/01/01|UK TRU

METADATA|CardAssociationDetail|SourceSystemOwner|SourceSystemId|DirCardCompId(SourceSystemId)|DirRepCardId(SourceSystemId)|EffectiveStartDate|AssociationAssignmentNumber
MERGE|CardAssociationDetail|VISION|TB_472352_AD_LOAN|TB_472352_LOAN|TB_472352_TRU|2020/01/01|E472352