To get started go to Lend your money and select “Find out more”.
If you're looking to lend via a Self Invested Personal Pension (SIPP) I'm afraid we currently do not have the administrative or legal means for this but we will keep our blog updated if there are any changes to this.
Channel Islands and Isle of Man residentsHMRC have granted Zopa dispensation from withholding tax on lenders' returns - this means they can be paid gross, and it is the lender's responsibility to declare it. This applies to lending and borrowing that occurs within the UK.
For tax purposes, HMRC consider the Crown dependencies (this includes the Channel Islands and the Isle of Man) as a non-UK residency. HMRC have advised us that in such circumstances, either the person paying the interest (i.e. the borrower) or Zopa itself must withhold tax. Unfortunately, logistical limitations prevent Zopa being able to permit off-shore lending at this time.