The taxation of private equity executives has become highly politically contentious as we head into the next election.
An Opposition policy costing document released in February this year (bit.ly/4dol4do) shows that the Labour Party plans to tax the carried interest of private equity executives at income tax rates such that private equity executives would likely be subject to tax at the top marginal rate of 45% upon receiving their carried interest. The policy is stated to be announced and effective from April 2024. According to this document this policy will raise £500m over its first five years of implementation.
According to a recent study by Jonas Fagerlund Guillaume Picq and Julien Kratz of Arthur D Little the UK/London is by far and away the biggest market in Europe in 2022 with €502m of...
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The taxation of private equity executives has become highly politically contentious as we head into the next election.
An Opposition policy costing document released in February this year (bit.ly/4dol4do) shows that the Labour Party plans to tax the carried interest of private equity executives at income tax rates such that private equity executives would likely be subject to tax at the top marginal rate of 45% upon receiving their carried interest. The policy is stated to be announced and effective from April 2024. According to this document this policy will raise £500m over its first five years of implementation.
According to a recent study by Jonas Fagerlund Guillaume Picq and Julien Kratz of Arthur D Little the UK/London is by far and away the biggest market in Europe in 2022 with €502m of...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
