Gareth Says – “CHRISTMAS CHEER FOR OUR DISCRETIONARY CLIENTS” Earlier this year a Discretionary Fund Manager challenged and defeated HMRC on the basis that VAT should not be charged on fees levied. LGT VESTRA have used this ruling to their advantage. Their current charge is 0.25% per annum + VAT. The VAT is 20% or … Continue reading Gareth Says – “CHRISTMAS CHEER FOR OUR DISCRETIONARY CLIENTS”