In November, we covered the UK government’s proposal to overhaul the tax treatment of carried interest in the United Kingdom—an effort to close perceived loopholes by shifting carried interest fully into the income tax...more
6/9/2025
/ Asset Management ,
Carried Interest ,
Financial Regulatory Reform ,
HM Treasury ,
Investment Management ,
Popular ,
Private Equity ,
Proposed Legislation ,
Tax Liability ,
Tax Reform ,
UK
The Chancellor’s announcement on Wednesday that the UK’s capital gains tax (CGT) rate for carried interest would be increased by only a few percentage points from 28% to 32%, effective April 2025, was welcome news to many....more