Private Equity Taxation - Hurdles, Advantages & Rewards - Live with Jeremy Mindell

Introduction

This new virtual classroom seminar will consider the tax issues relevant to private equity hurdle rewards for UK and non-UK employees.

It will review the principal tax charges and reliefs, how to secure favourable tax treatment and the main issues on sale of the rewards.

The Autumn 2024 Budget kept the advantages of carried interest. This session will explore the conditions and changes.

What You Will Learn

This live and interactive session will cover the following:

• Income v capital returns
• Carried interest
• Setting hurdles
• Shares v options
• Principal tax issues for UK and non-UK employees
• Principal income tax charges and reliefs including:
• ITEPA - s.62 'general earnings'
• Part 7 of ITEPA - tax charges on employment-related securities and employment-related securities options
• Part 7A of ITEPA - 'disguised remuneration'
• Elections - s.431 ITEPA
• Principal social security charges and reliefs
• Capital gains tax charges and reliefs:
• Business Asset Disposal relief
• BVCA Memorandum of Understanding
• Tax issues on sale:
• Cash
• Deferred consideration
• Earn-outs
• Courts and anti-avoidance
• Tax treaties, employment income and capital gains
• Social security agreements and NIC
• Reporting

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.