Deduction of income tax from interest: peer-to-peer lending
HMRC invites comments on proposed changes to the deduction of income tax at source rules for peer-to-peer interest payments.
Detail
HMRC is considering the future of deduction of tax at source from interest. Comments are sought on the proposed changes to the obligations of peer-to-peer platforms and borrowers of peer-to-peer loans to deduct income tax at source from interest paid.
This consultation seeks views on a series of proposed changes.
Documents