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…
Read the full article here