Directors’ loan accounts – The 30-day rule

Interest rates are coming down, but HMRC’s official rate of interest (ORI) for employee loans has increased to 3.75% per annum (6 April 2025) and, as of 29 August 2025, the average mortgage rate for a 30-year fixed mortgage is approximately 4.74%. The ORI is reviewed quarterly; therefore, any further changes will take effect on 6 October 2025 or 6 Janua…