The Tax Treatment of Carried Interest – Call for Evidence
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Detail of outcome
At Autumn Budget 2024, the Chancellor of the Exchequer announced the government’s proposals to reform the tax treatment of carried interest, following a call for evidence that closed on 30 August. This document summarises the responses to the call for evidence and sets out the government’s next steps.
Original call for evidence
Call for evidence description
On 29 July, the Chancellor of the Exchequer announced a commitment to take action in respect of the ‘carried interest’ loophole. Carried interest is a form of performance-related reward received by fund managers, primarily within the private equity industry.
This call for evidence confirms the government’s intention to take action against the carried interest loophole, and forms the basis for detailed engagement with expert stakeholders. It also sets out a series of areas where we would particularly value input from stakeholders.
Documents
Updates to this page
Published 29 July 2024Last updated 30 October 2024 + show all updates
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Added call for evidence outcome.
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First published.