The UK’s Reporting Fund Status regime provides UK investors with the potential to access a preferential tax treatment, but with the end of the year fast approaching it is critical that funds/managers do not miss the registration and election deadlines on 31 December. The reporting fund status legislation has strict cut off points that are often overlooked, leading to some unwelcome surprises for investors in the new year. In recent years we have seen an increase in simple errors that can have material consequences for investors and by definition funds/managers.

Key areas for consideration:

  • New Launches
  • New Share Classes
  • Elections

If you would like a copy of our year end RFS checklist that highlights the key points to be considered before the end of the year please get in touch.