Policy paper

Income Tax: deduction at source from interest paid on private placements

This Tax Information and Impact Note is about the deduction of Income Tax at source from interest paid on private placements.

• From: HM Revenue & Customs
• Published: 10 December 2014

Documents

Income Tax: deduction at source from interest paid on private placements

PDF, 20.6 KB, 2 pages

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Details

This measure will provide an exception from the obligation to deduct Income Tax from yearly interest paid on private placements which meet certain conditions. Such instruments will be known as ‘qualifying private placements’.

A technical note for this measure has been published at Deduction of Income Tax from payments of yearly interest: private placements - technical note.

Published 10 December 2014