TISA lobbies for rebate tax delay after revealing £15m cost to platforms
The Tax Incentivised Savings Association (TISA) is writing to the Treasury to ask for a one-year delay on the proposed rebate tax, after estimating the costs to the industry far outweigh the tax likely to be recouped.
As revealed by Investment Week, Her Majesty's Revenue & Customs (HMRC) is planning to instigate a tax on fund rebates paid to consumers in less than two weeks from today. However, research by TISA suggests...
More News
Tribunal forces FCA U-turn on ex-Barclays Wealth boss ban
Case finds 'no misconduct' within Tinney's dealings
Numis Securities rubbishes Muddy Waters' Burford Capital claims
Reiterates 'buy' recommendation
Wealth managers dump UK assets in favour of global bond funds
Brexit risk putting investors off domestic stocks
Octopus to acquire wealth technology business for £10m
'Natural evolution'
Araujo completes overhaul of £2.2bn M&G Global Themes fund
Four investment trends in new-look portfolio
Back to Top