What does the Emergency Budget mean for the future of the UK's asset management industry? Eliza Dungworth provides analysis
The current situation
2010 has been a fairly quiet one for the asset management industry on the tax front with no new measures that will directly impact the taxation of funds being announced in either last month’s emergency Budget or that of the predecessor Government.
This is not surprising given the focus on supporting the economy through recovery and is somewhat of a relief given the plethora of legislation over the previous few years resulting in an unnecessarily complex tax regime for funds.
...
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What does the Emergency Budget mean for the future of the UK's asset management industry? Eliza Dungworth provides analysis
The current situation
2010 has been a fairly quiet one for the asset management industry on the tax front with no new measures that will directly impact the taxation of funds being announced in either last month’s emergency Budget or that of the predecessor Government.
This is not surprising given the focus on supporting the economy through recovery and is somewhat of a relief given the plethora of legislation over the previous few years resulting in an unnecessarily complex tax regime for funds.
...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
