The UK tax authority has postponed until March 2027 a requirement for private fund managers to register as tax advisers under a new regulatory regime.
The deferral for businesses in the financial services sector comes after their representatives flagged implementation issues with the registration rules, His Majesty’s Revenue and Customs said in an email Tuesday.
The new regime, which is to be phased in starting this May, requires tax advisers who interact with HMRC on behalf of clients to register with the tax authority and meet ...
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