HMT have published a Call for Input on the Government’s review of the UK funds regime. They are seeking input on issues across both tax and regulation. This includes enhancing existing fund structures and introducing new ones such as the Professional Investor Fund, proposed by AREF, and the Long-Term Asset Fund put forward by the IA.
The Call for Input closes on 20 April 2021.
AREF’s Public Policy and Tax Committees will be leading on AREF’s response. We welcome members’ views; please send these to Jacqui Bungay (jbungay@aref.org.uk) in relation to regulations and Anshita Joshi (ajoshi@aref.org.uk) regarding tax. Also, we would encourage members to respond direct to the Call for Input.