Interest payments on personal loan

Tax stopped?

Didn't find your answer?

client (individual) has received an investor loan from another individual

if they pay interest to the investor, should they be deducting tax from the payment and sending to HMRC?

can anyone point us in the irght direction please?

Replies (2)

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By Paul D Utherone
03rd Jan 2019 17:32

No, not individual to individual

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Replying to Paul D Utherone:
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By Tax Dragon
03rd Jan 2019 18:09

Never?

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