Self-Assessment on beneficial loan

Good morning, what if the DLA loan exceeded 10,000 GBP during the year, but the director paid the interest in full by 6 of July. Should I show the benefit normally on the P11D even though it is £0 (I paid the interest according to the average official rate of interest for the year ended April 5, 2024). Should I then file a normal P11D(b) or ask the agent to show it through this form: https://www.tax.service.gov.uk/shortforms/form/EXBANoRtn In this case, if there is no benefit amount, should I amount 0 benefit in kind on Self-Assessment?

Hi,

Please contact our Employers team for advice.

Employers: general enquiries

Thank you.