More platforms launch tax calculators after HMRC ruling
Four platforms are to allow advisers to automatically calculate tax liabilities for clients, following HM Revenue and Customs' decision to tax rebates paid by fund managers.
The move, effective from 6 April, has led the majority of platform providers to herald the end of the rebate model, and move to clean or ‘super-clean' share classes. However, HMRC's time scale for introducing...
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