Tax
Carried interest tax hiked to 32% as private equity bosses take Budget hit
Rachel Reeves confirms buyout executives will have to pay more on their share of profit
1 min read
Private equity bosses await their fate as Budget tax decision looms
The buyout industry has been lobbying hard in the run-up to tomorrow’s speech from chancellor Rachel Reeves
2 min read
Wealthy families fleeing UK before Labour non-dom crackdown, Stonehage Fleming chair says
The multi-family office’s rich clients are mulling moves to Switzerland, Italy and Dubai
3 min read
Banker bonus cap ‘rewarded mediocrity’ says ex-City minister
John Glen says the limit ‘was never rational’, and worries how a tax raid by Labour could damage the sector
6 min read
Budget tax threat raises questions over AIM’s future
The junior market needs more help, not less, to thrive
4 min read
Private equity dwells on tax changes at UK summit
In spite of growing optimism over a wider market recovery, the mood music at the BVCA summit was tempered by the prospect of tax hikes in next month’s budget
3 min read
IRS apologises to billionaire Ken Griffin for leak of tax records
Citadel founder was one of many wealthy taxpayers whose information was disclosed by an IRS contractor
3 min read
Labour’s private equity tax raid will pass over bosses who put their own capital at risk
Shadow chancellor Rachel Reeves says fund managers should have skin in the game if they want incentive payments to be treated as capital gains
2 min read
Labour confirms plans to hit private equity bosses with tax hike
The Labour manifesto pledges to close the ‘carried interest tax loophole’
3 min read
Scrap bank levy and surcharge taxes, TheCityUK tells next government
Pressure grows on politicians to back financial services as election looms
2 min read
Labour to shy away from bank tax raid in pro-business push
Party continues bid to distance itself from left-wing past as general election looms
2 min read
City relaxed about election after Labour pledges to support finance
Sir Keir Starmer’s party has come a long way since the dark days of Jeremy Corbyn
PwC to undo split in US tax practice
Shift comes three years after a landmark decision to embed tax in other departments
Private equity tax raid would cripple London, City minister Bim Afolami tells FN Leadership Roundtable
Debate rages over how to tax carried interest on buyouts
Kirkland & Ellis hires senior Macfarlanes tax partner in London
US legal giant rebuilds in London following Paul Weiss exits
Kirkland & Ellis poaches Linklaters tax partner in London
Kirkland rebuilds City office following Paul Weiss raid
1 min read
Dan Neidle: ‘I don’t think we should be taxing bankers more’
The former UK head of tax at Clifford Chance is rattling cages by questioning the tax paid by PE firms and law firm partners
8 min read
Senate report says Credit Suisse failed to report bank transfers tied to tax evasion
The transfers may be tied to an ongoing criminal tax conspiracy involving more than $100m held by a family with dual citizenship in the US and Latin America
3 min read
Hedge funds fall for Dubai over lower tax rates, softer regulation — portfolio managers want in
So far this year, Dubai has attracted some of the top hedge funds from the UK and US
3 min read
Bank surcharge tax set for cut as chancellor fears City competitiveness
With corporation tax hikes now back on, the government is looking to offset the hit on the City
2 min read
