TAM Asset Management Ltd (TAM) is pleased to announce that effective from 1st January 2021, VAT is no longer charged on TAM portfolios for UK clients. This, along with other savings implemented over the past year, is part of TAM’s continued effort to seek enhanced “Value for Money”.

Individuals who have been charged VAT on their fees deducted on 1st January 2021 will of course receive a recredit, and longer-term client accounts may also be eligible for VAT recredits further down the line (this is dependent upon HMRC approval and cannot be guaranteed, but we will be sure to keep you informed with developments).     

If you have any questions or would like to speak to someone about our model portfolio service, just click here to have a chat to the dedicated business development manager in your region.