Various changes to tax rules in the UK over the last three years are set to impact the investment fund community, and particularly the private equity sector.
The changes will most affect fund executives who sit behind Channel Island fund structures. It is important that the local market is alert to the changes and considers the implications for certain structures. A quick run through of the main changes is as follows:
The rules work together to cover the main types of reward a PE executive can receive from a fund:
Please get in touch with your usual KPMG contact to discuss these changes in more detail.
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