Our CEO, Rami Cassis, was quoted in Private Equity International’s analysis of the Chancellor’s decision to raise the carried interest tax rate.
The Budget raised the rate on carried interest, stopping short of the full income-tax treatment the industry had feared. The change was set to take effect from April 2025, giving firms a window to adjust.
Rami has already publicly backed a rise, making him one of the few voices in the sector welcoming the direction of travel ahead of the Budget.
He argues that the favourable rate should be reserved for managers who put their own capital at risk. The final measures moved towards that same principle without adopting it outright.
Read the full article at Private Equity International here.
Featured image courtesy of Michal Gadek via Unsplash.
