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Posted Thu, 28 Mar 2024 07:03:57 GMT by miniytn
Hi. I am a non-UK resident. I have a loan agreement with a UK company since several years ago and the agreement is still ongoing. I am the lender and the company is the borrower. Recently, the loan has been due and we are about to sign a renewal agreement to extend the loan term. However, I am informed that:- loans from individuals will require the company to withhold 20% tax and a tax certificate will be provided. International investors may apply to HMRC for reduced or zero withholding tax using any dual taxation treaty, depending on their location. I am from Hong Kong, which has Double Taxation Agreements / Arrangements in place with the UK. In this case, can I apply to HMRC for reduced or zero withholding tax? If yes, what is the procedure? Would I need the WHT certificate? Thank you.
Posted Tue, 02 Apr 2024 13:33:54 GMT by HMRC Admin 8 Response
Hi,
Please refer to:
Director's loans
Thank you.

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