In the March 2020 Budget, the Government announced its intention to carry out a review of the UK funds regime. As a result, HM Treasury published a call for input on 26th January 2021 seeking views from various stakeholders. They wish to identify ways in which the Government can make the UK a more attractive location to set up, manage and administer funds as well as supporting a wider range of efficient investments to suit investors’ needs.
The call for input seeks views on the following areas:
- The UK’s approach to funds taxation
- The UK’s approach to funds regulations
- Opportunities for wider reform
You can find the call for input below, NCM will be reviewing and providing their input in due course.