Policy paper

Elective accruals basis for the carried interest rules

This measure introduces a new elective accruals basis for the carried interest rules.

• From: HM Revenue & Customs
• Published: 15 March 2023

Documents

Introducing an elective accruals basis for the carried interest rules

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Details

This measure will allow UK resident investment managers to make an election to accelerate their tax liabilities in order to align their timing with the position in other jurisdictions, where they may obtain double taxation relief.

Published 15 March 2023