Written by Parabellum Investments
4 Nov
Following UK Chancellor Rachel Reeves’ budget, Rami was quoted in Private Equity International and PE Hub, backing the UK Chancellor’s decision to raise tax on carried interest and offering his advice on how to stimulate the UK’s PE industry to drive economic growth.
He stated that the tax raise was not substantial enough to affect the UK’s internationally competitive tax position. But suggested that to drive long-term, value-additive investments in private equity, Reeves should exempt or offer relief to partners who invest a significant sum of their own capital in funds.
This, he argues, would position the UK as a model for a leaner, more resilient PE sector, with wider positive ramifications for the economy.
Read his thoughts in Private Equity International here and PE Hub here.
