Private equity has been targeted by Alistair Darling in his pre-Budget
Capital Gains tax breaks will be set at a minimum of 18% by next April, the
chancellor said. Private equity chiefs have enjoyed a tax charge on their
profits as low as 10% in the past.
The chancellor said that he would also be looking at the code of conduct for
private equity, rolling out ‘much-needed steps to increase the transparency and
disclosure’ in the sector.
Vernon Dennis of Howard Kennedy LLP explores recent and future challenges faced by the insolvency sector
Report argues that the government must change the way it makes tax and budget decisions
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Drastically fewer offices for HMRC in the hope to reduce their running costs