Qualifying Asset Holding Company Regime
This briefing was originally published on 18 November 2021 and was last updated on 29 March 2023.
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This briefing was originally published on 18 November 2021 and was last updated on 29 March 2023.
Find the latest news, views and our analysis of all the key announcements.
The Chancellor announced major changes to pensions allowances with the aim of encouraging the over 50s to remain in, or return to, work. This is particularly pertinent to high earning senior clinicians in the NHS.
Further announcements were made in the Budget today in relation to changes to R&D relief. These announcements follow on from the recent consultations in relation to R&D relief and the changes made in recent fiscal statements.
In today's Budget, the government has confirmed that it will make welcome amendments to the UK's rules for qualifying asset holding companies (QAHCs). Several of the key reforms were announced on "L Day" last July, including proposals to improve access to the regime for corporate funds and where parallel and aggregator funds are used.
There is plenty going on of interest to those in the real estate sector, both domestically (e.g. the recent “mini-Budget” and Autumn Statement announcements) and internationally (e.g. the signing of a new UK/Luxembourg double tax treaty), and with so many tax developments progressing it can be difficult to stay on top of things. Our briefing provides a checklist of the key tax issues to be aware of (including future developments) and sets out the actions you should be undertaking now in preparation.
Find the latest news, views and our analysis of all the key announcements.
Find the latest news, views and our analysis of all the key announcements.
Mini Budget 2022
Mini Budget 2022
Mini Budget 2022
Mini Budget 2022
Mini Budget 2022
Mini Budget 2022
Mini Budget 2022
It is certainly a busy time for those in the real estate sector with an interest in tax matters. Next month (April) sees the introduction of the residential property developer tax (RPDT), changes to the REIT rules and the introduction of the qualifying asset holding company (QAHC) regime.
There is a lot going on in the world of tax which will be of interest to those in the asset management sector. Relevant developments include international projects (such as the ongoing push to implement the OECD’s Pillar One and Pillar Two proposals and the publication of the EU’s shell entity proposals) but the domestic UK position should not be overlooked, with several exciting initiatives in train.
Our annual briefing highlighting the key 2021 legal developments which impact the funds' industry and previews what can be expected in 2022.