Related Cases

374(1)  Section 369 does not apply to any relevant loan interest unless–

(a)in the case of a loan of a description specified by regulations for the purposes of this paragraph, the borrower or, in the case of joint borrowers, each of them has given notice to the lender in the prescribed form certifying–

(i)that he is a qualifying borrower; and

(ii)that the interest is relevant loan interest; and

(iii)such other matters as may be prescribed; or

(b)the Board have given notice to the lender and the borrower that the interest may be paid under deduction of tax; or

(c)[Repealed by FA 1999, s. 38 and Sch. 4, para. 8, s. 139 and Sch. 20, Pt. III(7).]

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.