Capital gains tax incentive may benefit but ‘disrupt’ professional services sector

City AM ·
Economy Markets United Kingdom
United Kingdom

The new capital gains tax incentive Chancellor John Healey unveiled in his Budget may benefit LLP firms in the professional services sector if they qualify, but it also risks disrupting partner dynamics within the firms. Healey announced the so-called ‘Founder’s Relief’ capital gains tax (CGT) incentive in his Budget speech on Wednesday in a bid [...]

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