Dealing with HMRC – policy paper

Revenue and Customs Brief 2 (2016): deduction of Income Tax at source from payments of peer-to-peer interest

This brief states the current position on HMRC’s obligation to deduct Income Tax at source on interest paid on peer-to-peer (P2P) loans.

Detail

This brief sets out HM Revenue and Customs’ (HMRC’s) current position on the obligation to deduct Income Tax at source on interest that is paid on P2P loans.