- VAT exemption for fund management services will remain in place
- Widespread reliance on items 9 and 10 for VAT exemption
- Definition of ‘management’ will not be codified in legislation but may be clarified in guidance
- Nigel Huddleston confirms government’s intentions
Source: taxjournal.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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