Tax Relief on defaults (Z)

morris
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Tax Relief on defaults (Z) Feb 15, 2022 16:48:09 GMT

Quote

Post by morris on Feb 15, 2022 16:48:09 GMT

I have downloaded my non-isa statement for 2021/22 which gives interest for the year, defaulted loans, recoveries during the year and net interest to be declared. If there are subsequent recoveries for these loans, or for any loans from earlier years, I should notify HMRC of the recoveries except these have now been sold on so I will not be aware and I will not be the recipient of any recoveries.
Any views?

Last Edit: Feb 15, 2022 21:32:23 GMT by Ton ⓉⓞⓃ: To add "Z" to the title

coogaruk Hello everyone! Anyone remember me? Posts: 703 Likes: 463	Tax Relief on defaults (Z) Feb 15, 2022 17:28:31 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by coogaruk on Feb 15, 2022 17:28:31 GMT Not a recipient = Nothing to report. (NB. not official advice, just a well-educated guess )
	Pensioner. Investor. Ex-Peer to Peer Lender. Executive Producer. Antagonist.

fuzzyiceberg Posts: 127 Likes: 107	Tax Relief on defaults (Z) Feb 16, 2022 13:55:16 GMT aju likes this Quote Select Post Deselect Post Link to Post Back to Top Post by fuzzyiceberg on Feb 16, 2022 13:55:16 GMT All your defaulted loans have been 'sold' (for nothing) to Zopa. Any future recoveries are theirs, not yours.

Post by morris on Feb 15, 2022 16:48:09 GMT

Post by coogaruk on Feb 15, 2022 17:28:31 GMT

Post by fuzzyiceberg on Feb 16, 2022 13:55:16 GMT