# Income Tax Act 2007, Section 875: Interest paid by building societies

Extent: E+W+S+N.I.

The duty to deduct a sum representing income tax under section 874 does not apply to a payment of interest made by a building society unless it is treated as a payment of yearly interest by virtue of section 874(5A).

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/875 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-875
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.