Private equity and venture capital

View Tax by content type:

Latest Tax News

Featured Tax content

Practice notes
FORTHCOMING CHANGE: HMRC is consulting (13 July to 10 August 2020) on draft regulations to provide a deduction from a UK entity’s equity and...
Read More >
Produced in partnership with Charlotte Sallabank of Katten Muchin Rosenman UK LLP 12th Jan
Practice notes
Unilateral relief, like double tax relief, aims to relieve double taxation. Subject to certain conditions being satisfied and specific limits,...
Read More >
9th Nov
Practice notes
Plant and machinery allowances are the most widely used form of capital allowance. Plant and machinery is often (wrongly) interpreted as if the terms...
Read More >
Produced in partnership with Martin Wilson 12th Jan
Practice notes
Brexit: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...
Read More >
Produced in partnership with Martin Shah and Gary Barnett of Simmons & Simmons LLP 12th Jan
Practice notes
It is market practice for a tax covenant, also known as a tax deed, to form part of the transaction documents in respect of a sale of all the shares...
Read More >
9th Nov
Practice notes
The reasons why a company might carry out a demerger, and the different ways in which a demerger may be structured, are described in Practice Notes:...
Read More >
Produced in partnership with Zoe Feller of Bird & Bird 12th Jan
Practice notes
This Practice Note describes the law and practice relating to elections under section 198 or 199 of the Capital Allowances Act 2001 (CAA 2001), which...
Read More >
Produced in partnership with Martin Wilson 12th Jan
Practice notes
It is standard market practice for loan agreements (also known as facility agreements), whether bilateral or syndicated, to:•prohibit a borrower from...
Read More >
Produced in partnership with Eloise Walker of Pinsent Masons 12th Jan
Practice notes
Coronavirus (COVID-19): HMRC has stated in its International Manual that if a financial institution cannot meet the FATCA reporting deadline of 31 May...
Read More >
Produced in partnership with Ali Kazimi and Chris Orchard of Hansuke Consulting Limited 12th Jan
Practice notes
This Practice Note is about the meaning of a scheme of reconstruction for tax purposes.Tax neutrality is maintained where a company (company A) enters...
Read More >
9th Nov
Practice notes
This Practice Note explains:•what a determination in respect of direct tax (ie a direct tax determination) is•when HMRC might issue a direct tax...
Read More >
Produced in partnership with Philip Rutherford 12th Jan
Practice notes
The Enterprise Investment Scheme (EIS) is designed to encourage investment in smaller, higher-risk trading companies by offering a range of tax...
Read More >
9th Nov
Practice notes
The regime for property authorised investment funds (PAIFs, or as HMRC use in regulations and their published guidance, Property AIFs)) was introduced...
Read More >
Produced in partnership with Martin Shah of Simmons & Simmons LLP based on material originally written by Charles Goddard of Rosetta Tax LLP 12th Jan
Practice notes
The value shifting rules are anti-avoidance provisions. They are similar to the rules applying to depreciatory transactions in that they target the...
Read More >
9th Nov
Practice notes
A management buyout, or MBO, involves the acquisition of a business by its existing management team usually with the help of private equity financing....
Read More >
9th Nov
Practice notes
The international movement of capital rules should be considered whenever:•any non-UK tax resident subsidiary (referred to in this note as a foreign...
Read More >
9th Nov

Most recent Private equity and venture capital content

Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
Read More >
Produced in partnership with Ceinwen Rees and Penny Van den Brande of Macfarlanes LLP 15th Jan
Practice notes
What are growth shares?Growth shares, also known as value shares or hurdle shares, are a special class of shares that have restricted rights. These...
Read More >
15th Jan
Practice notes
This Practice Note deals with secondary buyouts and examines the application of the capital gains tax (CGT) regime to a disposal of target company...
Read More >
15th Jan
Practice notes
This Practice Note summarises the key UK tax reliefs available to key individuals running a company that is seeking growth (ie seed, venture and...
Read More >
15th Jan
Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
Read More >
Produced in partnership with Ceinwen Rees and Penny Van den Brande of Macfarlanes LLP 15th Jan
Practice notes
This glossary sets out the meaning of key terms used when looking at tax issues that arise within the private equity and venture capital industry. For...
Read More >
15th Jan
Practice notes
The income-based carried interest (IBCI) rules form part of the legislation which governs the tax treatment of rewards received by fund managers. The...
Read More >
15th Jan
Practice notes
This Practice Note explains how the key people who are running a company seeking growth (ie seed, venture and development) capital will be taxed in...
Read More >
15th Jan
Practice notes
This Practice Note deals with private equity-backed UK management buyouts (MBOs) and examines the employment tax issues arising for a UK management...
Read More >
15th Jan
Practice notes
This Practice Note describes the role and tax treatment applicable to the general partner in a UK limited partnership private equity fund. It...
Read More >
Produced in partnership with Emily Clark of Travers Smith 15th Jan
Practice notes
This Practice Note sets out how the investors in a typical UK private equity fund might be subject to UK taxation on their share of the fund's...
Read More >
Produced in partnership with Emily Clark of Travers Smith 15th Jan
Practice notes
This Practice Note sets out what to look for when reviewing the tax sections of a private equity fund limited partnership agreement (LPA). It is...
Read More >
Produced in partnership with Ceinwen Rees of Macfarlanes 15th Jan
Practice notes
A secondary buyout (SBO) is broadly where a private equity firm buys a business that has previously been subject to a buyout. This Practice Note...
Read More >
15th Jan
Practice notes
This Practice Note examines how the income tax regime applies where UK managers dispose of interests in the target company as part of a private...
Read More >
15th Jan
Practice notes
This Practice Note looks at tax issues arising on money borrowed by the acquisition group to finance a private equity-backed buyout.In the context of...
Read More >
15th Jan
Practice notes
This Practice Note deals with private equity-backed management buyouts (MBOs) and examines the tax issues arising for UK managers on the operation of...
Read More >
15th Jan
Practice notes
This Practice Note:•illustrates the partnership structure of a typical onshore limited partnership fund•explains what carried interest is,...
Read More >
Produced in partnership with Emily Clark of Travers Smith 15th Jan
Practice notes
This Practice Note examines the UK tax reliefs available to a UK management team in a private equity-backed management buyout (MBO).For background...
Read More >
15th Jan
Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
Read More >
Produced in partnership with Batanayi Katongera of Macintyre Hudson 15th Jan
Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
Read More >
Produced in partnership with Charishma Juddoo of Macfarlanes and Chris Mortimer of Macfarlanes 15th Jan

Popular documents