In the aftermath of the resignation of
Linthwaite, chief executive of the British
Private Equity and Venture Capital Association (BVCA), Peter Taylor,
managing partner of Duke Street
Capital has publicly admitted that tax rates for private equity firms are
A report in the Daily Telegraph quoted Taylor ‘speaking
independently’ as saying tax rates could be higher without unduly harming
Taylor said he also believes the two-year period of taper relief could be
He added though that the issue relates to ‘the whole of capital gains tax,
not just private equity’.
‘The point should be whether people are taking genuine risks and have to
perform well over a number of years. If you are, then you deserve to get that
sort of treatment,’ he said.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
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