Tax treatment of asset holding companies in alternative fund structures

This consultation was published on 11 March 2020. It was due to close on 19 May 2020. We are grateful for the responses we have already received. The government recognises that many sectors with an interest in this policy are affected by COVID-19. We want to give all stakeholders time to submit their views so we have extended the consultation. The closing date is now 19 August 2020. However, we encourage early responses from stakeholders where possible to support our ongoing consideration of this policy.

Following this publication on AHCs, the government issued a second stage consultation on 15 December 2020. This seeks views on the design features of a new regime for AHCs, summarises responses received to the initial March 2020 consultation and outlines the government’s response. This document can be found on the second stage consultation page.

This is an initial component of a wider review of the UK’s funds regime, which the government will undertake during 2020. The wider review will cover direct and indirect tax, as well as relevant areas of regulation with a view to considering the case for targeted and merited policy changes.