Part 8

Other reliefs
Chapter 1

Interest payments

General and supplementary

Information
412
1
A person (“the payer”) who claims relief under this Chapter for a payment of interest made in a tax year is entitled to request the person to whom the interest is paid to give the payer a statement in writing about that interest containing the information specified in subsection (3).
2
That request must be in writing.
3
The information is—
a
the date when the debt was incurred,
b
the amount of the debt when incurred,
c
the interest paid in the tax year, and
d
the name and address of the debtor.
4
The person to whom the interest is paid has a duty to comply with a request under subsection (1) and that duty is enforceable by the payer.
5
This section does not apply if the interest is paid to a building society or to a local authority.