Autumn Statement: Osborne pledges to stop fund managers avoiding tax on fees

Stephanie Baxter
clock

The Chancellor will introduce legislation to stop fund managers disguising their fee income to avoid paying tax.

In his Autumn Statement announcement today, George Osborne unveiled measures that will kick in next April to force managers to pay income tax on fees they earn. He said this would stop firms dis...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Government confirms no compensation will be paid to Waspi women over state pension age changes

Government confirms no compensation will be paid to Waspi women over state pension age changes

DWP finds delays to communicate state pension changes did not amount to financial loss

Martin Richmond
clock 17 December 2024 • 5 min read
ACA, APL and SPP issue update on Virgin Media case

ACA, APL and SPP issue update on Virgin Media case

Tripartite working party urges DWP to regulate to allow retrospective amendments

Jonathan Stapleton
clock 17 December 2024 • 2 min read
Robin Ellison – We are all professionals now

Robin Ellison – We are all professionals now

PP’s regular columnist asks if we should really expect all sellers to have a fiduciary duty

Robin Ellison
clock 12 December 2024 • 10 min read
Trustpilot