Property Authorised Investment Funds (Property AIFs): contents

Draft guidance on SI 2008/705

The Authorised Investment Funds (Tax) (Amendment) Regulations 2008 were laid before the House of Commons on 12 March 2008 and come into force on 6 April 2008.

This draft guidance is issued for comment and will be amended in the light of any errors that may be identified or other comments that may improve it.
It should, therefore, not be relied upon at this stage and should be disregarded as soon as finalised guidance is issued.

Comments should be made, as soon as possible, to:

Angela Nagarajah, Financial Services Team, CT&VAT, HMRC, 100 Parliament Street, London SW1A 2BQ, email: Angela Nagarajah

It is expected that a final version of the guidance will be issued within a few weeks.

Each link below leads to a ‘chapter’ of draft guidance

• CTM48810 Introduction and conditions of membership for regime (PDF 87K)
• CTM48820 Process and effects of entry into the Property AIF regime (PDF 56K)
• CTM48830 Tax treatment of and distributions made by Property AIFs (PDF 149K)
• CTM48850 Tax treatment of distributions in the hands of participants (PDF 70K)
• CTM48860 Deducting and accounting for tax from distributions (PDF 52K)
• CTM48870 Breaches of conditions (PDF 62K)
• CTM48880 Leaving the Property AIF regime (PDF 38K)