BPF response to the government’s consultation on the delivery of a new regime for asset holding companies (AHCs)

What: The government are consulting on a new tax regime for asset holding companies, as part of wider ambitions to bolster the alternative investment management industry in the UK.

Our view: While we continue to support the broad ambitions to attract the alternative investment management industry to the UK, we expressed some concern around the complexity of the current proposals, and the need for government to take a simple and pragmatic approach.