IFM41235 - Administrative requirements: information to be provided: QAHC information return

FA22/SCH2/PARA24(1) to (2)

The QAHC information return for an accounting period should include the following details:

Required information	Explanations
Name of QAHC	-
Unique taxpayer reference (UTR) of the QAHC	-
Name, address and UTR of any person who has provided investment management services to the QAHC during the accounting period	The phrase ‘investment management services’ is defined by PARA 58(2) and takes its ordinary meaning. All activities of all individuals in an investment management business who are involved in the various structures who use QAHCs, can potentially constitute the performance of investment management services.
Name, address and UTR of any person who has provided investment management services to the QAHC during the accounting period	It is the information for the main asset management firm that should be provided, as opposed to the entire supply chain of advisers. For example, if a partnership has provided investment management services, it is the partnership information that should be provided as opposed to any particular partner or individual.
An estimate of the total market value of the assets of the QAHC’s ring fence business at the end of that accounting period	A formal valuation is not required. A reasonable estimate based on the total balance sheet value of all ring fence assets is acceptable.
The total gross proceeds arising from disposals of assets from the QAHC ring fence business during the accounting period	Guidance on the QAHC ring fence business is at IFM40350+
The amounts of any payments made by the QAHC on the redemption, repayment or purchase of its own shares	The form should include a figure for each of the three options rather than a single, composite figure.