Consultation outcome

Deduction of income tax from interest: peer-to-peer lending

This consultation has concluded

Detail of outcome

The response to this consultation was published as an annexe to the response to the consultation on Deduction of income tax from savings income: implementation of the Personal Savings Allowance - see page 20 of the response document.

This consultation was concluded through clause 11 and schedule 5 of Finance Act 2017.

Original consultation


HMRC invites comments on proposed changes to the deduction of income tax at source rules for peer-to-peer interest payments.

This consultation ran from

Consultation description

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.


Deduction of income tax from interest: peer-to-peer lending

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 15 July 2015