In the Autumn Budget today (30 October), the Labour government said the exemption will be introduced «to a similar timeline to the legislation establishing the PISCES regulatory framework». «The government is committed to delivering the Private Intermittent Securities and Capital Exchange System, a new innovative market for trading private company shares,» the Budget document stated. Autumn Budget 24: Carried interest rates hiked to 32% in blow to private equity bosses Back in March, under the former Conservative government, the Treasury unveiled proposals to create a venue where p...
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