UK funds taxation needs 'urgent' shake-up post Brexit

clock • 2 min read

The UK's Investment Association (IA) has called for "significant improvements to the UK direct and indirect tax regime" in its submission to HM Treasury's review of the UK funds regime in light of Brexit. The trade body said this was one of three key priorities in terms of government regulatory action, and listed the other two as "innovation in the UK fund architecture", and "the need for a fully energised approach to branding and promotion". The government has been seeking input into its review of the funds tax regime, which it announced in the Budget last year. Stakeholders had unti...

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