Sanlam UK to stop charging VAT on discretionary MPS
Effective from 1 April
Competitors have also removed VAT from their model portfolios
Sanlam UK will cease charging VAT on its model portfolio services (MPS), effective from 1 April.
The change will apply to all MPS where there is no personalisation at an investor level. The Active, Index and Socially Responsible strategies are among the models impacted by the change. Sanlam aims...
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