HMRC Publishes GfC20 Guidance on VAT for Fund Management Services

• HMRC has published Guidelines for Compliance (GfC20) on VAT treatment of outsourced fund management services.
• The guidance is intended to help businesses determine the correct VAT position, including whether such services should be treated as a single supply or multiple supplies.

Source: claritaxnews.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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