The Chancellor’s Budget speech on March 3rd was preceded by months of speculation, driven by a report published by the Office of Tax Simplification back in November last year, that the rate of capital gains tax (CGT) in the UK might well be increased to come into line with income tax, i.e., 45% for additional…

March 29, 2021 Read more >

It perhaps comes as no surprise that the beneficial tax treatment of carried interest is under attack again in the United States. A group of Democrat Representatives has put forward a bill to change the tax treatment of carried interest to that of ordinary income, which can be as high as 37% in the US. …

February 25, 2021 Read more >