Insight

Asset Managers: New Holding Company Regime in the United Kingdom

International Tax Team video series – Background on and features of the U.K. qualifying asset holding company regime unpacked

Michael Bolan

Michael Bolan

Overall and FS Tax Lead, UK-US Tax Corridor, KPMG US

Chris Wilson

Chris Wilson

International Tax Lead, UK-US Tax Corridor, KPMG US

Earlier this year, the United Kingdom introduced a new qualifying asset holding company (QAHC) regime. The aim of the regime is to increase the competitiveness of the United Kingdom in the asset management space. With the QAHC regime, the U.K. tax landscape is now comparable with other holding company locations. U.S. asset managers that have a presence in the United Kingdom and/or invest in assets located in the United Kingdom and Europe will want to explore the QAHC regime to evaluate its potential benefits.


 

November 28, 2022 | Watch this short video to learn more about the QAHC regime. Presented by Mike Bolan and Chris Wilson, Tax professionals from KPMG in the United Kingdom on secondment to KPMG in the United States, this video provides:

  • Background on the regime – why the United Kingdom has introduced it
  • An overview of the taxation of QAHCs
  • An outline of eligibility requirements
  • An example of a QAHC structure
  • Three key takeaways for understanding and evaluating QAHC regime benefits.

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This 15-minute video was recorded on November 15, 2022.