Autumn Statement: Osborne pledges to stop fund managers avoiding tax on fees

Stephanie Baxter
clock

The Chancellor will introduce legislation to stop fund managers disguising their fee income to avoid paying tax.

In his Autumn Statement announcement today, George Osborne unveiled measures that will kick in next April to force managers to pay income tax on fees they earn. He said this would stop firms dis...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

The full list of pensions ministers since 1998

The full list of pensions ministers since 1998

The full list of the ministers who have been responsible for pensions

PP Staff
clock 23 July 2026 • 1 min read
Transfer changes 'a start, not the finish line', industry says

Transfer changes 'a start, not the finish line', industry says

Clear and practical guidance ‘essential’ to apply the new framework consistently and with confidence

Jonathan Stapleton
clock 22 July 2026 • 4 min read
SPP urges HMRC to amend draft GMP conversion rules

SPP urges HMRC to amend draft GMP conversion rules

Trade body says changes are needed to protect savers from unintended tax charges

Jonathan Stapleton
clock 21 July 2026 • 1 min read
Trustpilot