No. The interest you earn is gross of tax. You are responsible for your own tax affairs (including payment of tax on income earned from the Lendy platform).
Articles in this section
- Why have I not received my expected monthly interest?
- How do I invest?
- I'm a first time user, how do I invest money?
- Do the interest rates take into account monthly compounding?
- Is there a schedule for processing cash deposits?
- When can we expect loan book updates?
- Is interest compounded?
- Can you include the purchase price in the loan particulars?
- What information is provided on a loan to help me choose the most suitable?
- Why are my loan parts not eligible for sale?