What Tax is paid on Bond Interest Payments?
We fund businesses in a number of different countries and the withholding tax rate we show is general guidance based on tax treaties between UK and the country in question for UK residents. Each of the offers that are shown on our website will have specific information regarding the tax that will be deducted before any payments are made and potential investors should read this information before deciding to invest. Lendahand Ethex do not offer tax advice and would recommend seeking independent tax advice. The exception to this requirement is where interest is paid to investors who hold bonds within an IFISA, in which case interest can be paid without deduction of tax. It remains the individual investors responsibility to declare any interest paid and account for any additional tax that may be due to the appropriate tax authorities.