Private equity nervousness calms down, Labour sets cap on tax raid
Labour plans to raise taxes on the carried interest of private equity fund managers (Image: Shadow Chancellor Rachel Reeves) A Labour government would allow private equity dealers to tax their profits at a lower rate when their own money is…
Labour wants to close tax loophole for thousands of private equity investors
Shadow Chancellor Rachel Reeves (Photo by Christopher Furlong/Getty Images) If the Labour Party wins the general election, it wants to close a legal loophole that allows thousands of private equity investors to avoid income tax. As the Sunday Times reported,…
