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Consultation on the VAT treatment of fund management – VATupdate
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United Kingdom

Consultation on the VAT treatment of fund management

16 January 2023
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There had been much speculation regarding the contents of the consultation, particularly in light of repeated delays in its publication. Brexit has given the UK freedom to shape its VAT rules as it pleases and therefore the possibilities were potentially endless. In the end, the consultation which has emerged is modest in its objectives and narrow in scope. Nonetheless, it deserves a cautious welcome.

Source: macfarlanes.com

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