The change to capital gains tax has proved an unexpected boon for private
equity groups who have experienced resilient deal activity despite the credit
Research by investment bank Baird showed that over the course of this year
228 deals with a value of less than £500m have been completed.
The Daily Telegraph reports that although this is a 15% fall on the
268 deals completed last year, it shows that deals are still being done.
David Silver, managing director at Baird, said more smaller deals were being
done as business owners rushed to sell their companies before the new CGT regime
with a tax rate of 18% comes into effect in April.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states