Brooks Macdonald scraps VAT from MPS range
Change has been effective since 1 January

The decision to remove VAT follows industry discussions with HMRC
Brooks Macdonald has stopped applying VAT on the group's managed portfolio service (MPS) from 1 January.
The change applies to the firm's custody MPS and those held on third-party platforms. Brewin cuts VAT from managed portfolios A spokesperson for Brooks Macdonald said: "Following guidance from HM...
More on Funds
Back to Top