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Carried interest at risk of tax hike

by Alice Murray 17 July 2020

The UK government has launched an investigation into the capital gains tax system, sparking concerns that there will be a tax hike for private equity executives receiving carried interest.

Under the current rules, carried interest is subject to a minimum 28% capital gains tax charge, while income is taxed at a rate of at least 40% for those making above £50,000.

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