The QAHC pack
25.02.2025 – Articles
Designed to be simple and flexible, as well as a competitor to vehicles in rival European fund centres, is the UK’s Qualifying Asset Holding Company (QAHC), delivering on what it set out to achieve?
A steady stream of UK based fund managers have been opting to use the UK’s QAHC regime since its launch in April 2022. As of December 2024, more than 530 QAHCs were registered with HMRC, and of that amount 220 took place in 2024.
Easy wins
The most compelling attraction to QAHCs is the simplicity of UK tax filings. James McCredie, partner at Macfarlanes, explains: “UK tax can be really simple, and employing a QAHC means you can run your holding structure in the UK, which is great for UK funds.”
This is particularly true for emerging managers, adds McCredie, who believes the QAHC represents a viable cost-effective alternative to Luxembourg.