Policy paper

Capital gains tax treatment of carried interest

This measure affects individuals involved in investment management for private equity or other investment funds.

• From: HM Treasury
• Published: 8 July 2015

This was published under the 2015 to 2016 Cameron Conservative government

Documents

Capital gains tax

PDF, 654 KB, 11 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

This measure will make the tax system fairer by ensuring that individuals to whom a gain arises in the form of carried interest are taxed on their true, economic gain; and that planning tools - designed to ensure they are taxed on a lower figure, to achieve a lower effective rate of tax - are not effective. This measure will have effect on all carried interest arising on or after 8 July 2015, whenever the arrangements were entered into.

Published 8 July 2015