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...
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