If a Ltd company pays interest on a loan from an individual the interest would normally be paid net with a CT61 to cover the tax deducted (s874 Income Tax Act 2007).
If an LLP makes a similar payment is there any legal requirement to deduct tax and report the payment to HMRC?
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No
Part 15 does not apply to LLPs which is normally a partnership for tax purposes.
Who is the interest being paid to? Interest on capital from non-corporate LLP members should be treated as a first share of profits and won't be allowable in deducting the taxable profits for them. So the individual wouldn't declare as interest.
No
My question was just building up to the treatment of the interest in the non-corporate member's hands.
Whether it is paid to a corporate or non-corporate member, or an individual or corporate entity who are not members, I still think there is no requirement to withhold basic rate tax.
Have a look at the guidance notes to form CT61. Unusually good.