Promotional material
Help with VAT on fund management services — GfC20
Find out how to determine the correct VAT treatment of outsourced fund management services.
Documents
Details
These Guidelines for Compliance (GfC) set out HMRC’s recommended approach and are designed to help businesses determine the correct VAT treatment of outsourced fund management services, including whether services should be treated as single or multiple supplies.
Updates to this page
Published 10 September 2026