Advisory and other professional services

Bonds

Brokers and dealers

Generally

Input tax implications

Outputs

Clearing services

Commission sharing

Corporate finance

Dealing services

Depositaries or trustees

Dividends

Euronotes

Exchange bargain charges

Face-value vouchers

Financial

Funded pension schemes

Generally

Individual savings accounts and related services

Investment and unit trusts

Generally

Input tax implications

Outputs

Investment management

Lloyd's syndicates

Money brokers' services, VAT liability

Nominee services

Open-ended investment companies

Outsourcing

PEP management and introductory fees

Portfolio or fund management

Property

Redemption of securities

Repurchases of securities (repos)

Safe custody services

Securitisation

Share registration

Soft commissions

Sterling Commission Paper

Stock Exchange

Associates

FSA listing fees

Membership fees

Stock lending

Underwriting commissions/arrangement fees

Valuation services

VAT liability generally