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Finance Bill 2016: Performance related returns

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Published on: 05 April 2016
Published by a LexisNexis Tax expert

Table of contents

  • What is the background to and intention behind the ‘income-based carried interest’ rules?
  • How does the draft legislation work?
  • What changes have been made to the previous version published on 9 December 2015?
  • Do any issues remain?
  • What impact do you think these rules will have on the funds sector?
  • With all the changes made to the taxation of UK-based fund managers made in the past year, what are the key considerations for advisers now?

Article summary

Tax analysis: Stephen Pevsner, partner at King & Wood Mallesons, considers the latest version of the income based carried interest rules published as part of the Finance Bill 2016.

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Jurisdiction(s):
United Kingdom

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