Tax changes have come hard and fast to the investment management industry in recent Budgets. The Chancellor has hit the pause button in today's Budget and the industry will be relieved to know that it can catch up with the historic changes without having to grapple with new ones (hopefully this pause will also give HMRC the breathing space to finalise and publish its eagerly awaited guidance on the disguised investment management fee rules and carry legislation).
October 29, 2018
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