Laura Charkin and Stephen Pevsner (King & Wood Mallesons) look back on a turbulent year for fund managers and consider the proposed new ‘income-based carried interest’ tax rules.
Andrew Goldstone and Katherine Forster (Mishcon de Reya) review the latest developments in the private client arena.
Andrey Krahmal reports on a US change to tax law which is favourable to venture capital and private equity investors.
The government has issued a small piece of the jigsaw, writes Dominic Lawrance (Charles Russell Speechlys).
The following are being consulted on:
The government is consulting until 24 February 2016 on proposals for abolition of class 2 NICs and introduction of a new contributory benefit test for class 4 NICs. See www.bit.ly/1m5a1Lw.
Experts at Tolley examine highlights of the draft 2016 Finance Bill.
There is a sense of relief that CGT and IHT were not targeted to the extent that many practitioners had predicted, writes Lynne Rowland (Kingston Smith).