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Declaring interest income received on a private loan

Underworld09
Posted Sun, 07 Jan 2024 12:43:55 GMT by Underworld09
I made a loan to a private company in August 2022 and started receiving monthly interest in November 2022. I am unclear where I should report this income on my self assessment return. Can you clarify this for me please?
HMRC Admin 10
Posted Wed, 10 Jan 2024 15:09:03 GMT by HMRC Admin 10
Hi
This is classed as peer to peer lending.
Peer to peer interest should be entered on the return as  Other UK income, Interest from gilt-edged and other UK securities, deeply discounted securities and accrued income profits.

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