Elena Rowlands, Tom Margesson and Ian Zeider (Travers Smith) consider the impact on the private capital sector, focusing on the changes announced to the taxation of carried interest.
The private capital industry can be affected by a wide variety of tax measures. This is a function of the various parties in a fund structure. These include private capital businesses and the individuals who work for them investors the funds themselves and the businesses in which they invest.
Last Wednesday’s Budget contained a variety of tax measures of interest to private capital without being specific to it (for example the rise in employer NICs). Given the space available this article does not dwell on these other than briefly considering some of the extra detail provided on the upcoming replacement of the non-dom regime. Instead it primarily focuses on arguably the most...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Elena Rowlands, Tom Margesson and Ian Zeider (Travers Smith) consider the impact on the private capital sector, focusing on the changes announced to the taxation of carried interest.
The private capital industry can be affected by a wide variety of tax measures. This is a function of the various parties in a fund structure. These include private capital businesses and the individuals who work for them investors the funds themselves and the businesses in which they invest.
Last Wednesday’s Budget contained a variety of tax measures of interest to private capital without being specific to it (for example the rise in employer NICs). Given the space available this article does not dwell on these other than briefly considering some of the extra detail provided on the upcoming replacement of the non-dom regime. Instead it primarily focuses on arguably the most...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
