According to the Treasury yesterday, the finance bill, which will begin to be debated in the House of Commons today, "restores the normal benefit in kind tax charge that applies when the employer loans the employee an asset for personal use".
It added: "The employer makes the decision as to whether to loan the asset to the employee and then how to monitor its use. If an employee needs computer equipment in order to perform the duties of their employment, that equipment will not give rise to a tax charge providing any personal use made of that equipment is not significant. HMRC [Revenue & Customs] will take a practical view of what significant private use is.