Weil Tax BLOG - Feed https://tax.weil.com/contributor/jack-odonohue/ Views and developments from the Tax Department at Weil Tue, 14 Apr 2026 20:54:30 +0000 hourly 1 The Tax Treatment of Carried Interest – Government Response and Policy Update https://tax.weil.com/insights/the-tax-treatment-of-carried-interest-government-response-and-policy-update/ Mon, 07 Jul 2025 12:28:11 +0000 Aron Joy Jack O’Donohue Josh Hammond https://tax.weil.com/?p=2541 On 5 June 2025, the UK government issued a policy update on its proposals to reform the UK tax treatment of carried interest. It has confirmed that it will: (i) not introduce two previously proposed ‘qualifying conditions’ to be required for carried interest to qualify for a 72.5% multiplier, adjusting the amount of proceeds subject

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]]> On 5 June 2025, the UK government issued a policy update on its proposals to reform the UK tax treatment of carried interest. It has confirmed that it will: (i) not introduce two previously proposed ‘qualifying conditions’ to be required for carried interest to qualify for a 72.5% multiplier, adjusting the amount of proceeds subject

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]]> Out of the Ordinary: HMRC updates its guidance on the meaning of “ordinary share capital” https://tax.weil.com/insights/out-of-the-ordinary-hmrc-updates-its-guidance-on-the-meaning-of-ordinary-share-capital/ Wed, 06 Nov 2024 12:15:07 +0000 Oliver Walker Sean Wright Jack O’Donohue https://tax.weil.com/?p=2370 On 29 October 2024, HMRC updated its guidance on the meaning of “ordinary share capital” (OSC) in order to exclude non-cumulative fixed rate shares from the definition. The update follows a request for clarification from the Chartered Institute of Taxation (CIOT). In their response, HMRC confirmed their view that “whether a dividend is cumulative or not

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]]> On 29 October 2024, HMRC updated its guidance on the meaning of “ordinary share capital” (OSC) in order to exclude non-cumulative fixed rate shares from the definition. The update follows a request for clarification from the Chartered Institute of Taxation (CIOT). In their response, HMRC confirmed their view that “whether a dividend is cumulative or not

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]]> UK Autumn Budget 2024: Tax Update https://tax.weil.com/insights/uk-autumn-budget-2024-tax-update/ Wed, 30 Oct 2024 19:16:39 +0000 Aron Joy Oliver Walker Erica Rees Ellie Marques Kevin Donegan Lizl Loubser Jack O’Donohue Anna Ritchie Sean Wright https://tax.weil.com/?p=2357 On 30 October 2024, Chancellor Rachel Reeves delivered her highly anticipated Autumn Budget, marking not only the Chancellor’s first budget (and indeed the first budget ever delivered by a female Chancellor) but also the first Labour budget in 14 years. It is fair to say that the past few weeks and months have been full

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]]> On 30 October 2024, Chancellor Rachel Reeves delivered her highly anticipated Autumn Budget, marking not only the Chancellor’s first budget (and indeed the first budget ever delivered by a female Chancellor) but also the first Labour budget in 14 years. It is fair to say that the past few weeks and months have been full

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]]> Tax and the General Election 2024: The Manifestos https://tax.weil.com/uk-tax/tax-and-the-general-election-2024-the-manifestos/ Fri, 14 Jun 2024 16:11:41 +0000 Oliver Walker Aron Joy Sean Wright Jack O’Donohue Erica Rees https://tax.weil.com/?p=2245 On 22 May 2024, UK Prime Minister Rishi Sunak announced that the UK would hold a general election on 4 July. In the weeks following that announcement, there has been mounting speculation regarding the tax measures that each party might adopt if successful. During the week commencing 10 June, the incumbent Conservatives, Labour and the

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]]> On 22 May 2024, UK Prime Minister Rishi Sunak announced that the UK would hold a general election on 4 July. In the weeks following that announcement, there has been mounting speculation regarding the tax measures that each party might adopt if successful. During the week commencing 10 June, the incumbent Conservatives, Labour and the

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]]> UK Spring Budget 2024: Tax Update https://tax.weil.com/uk-tax/uk-spring-budget-2024-tax-update/ Wed, 06 Mar 2024 19:22:07 +0000 Aron Joy Oliver Walker Erica Rees Sean Wright Jack O’Donohue Weil Tax Blog https://tax.weil.com/?p=2155 On 6 March 2024, Chancellor Jeremy Hunt delivered his Spring Budget. In the days preceding the Budget there had been mounting speculation that the Chancellor would cut personal taxes by reducing rates of income tax or National Insurance contributions (NICs). In the event, Chancellor Hunt did not disappoint and announced a further reduction in NICs,

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]]> On 6 March 2024, Chancellor Jeremy Hunt delivered his Spring Budget. In the days preceding the Budget there had been mounting speculation that the Chancellor would cut personal taxes by reducing rates of income tax or National Insurance contributions (NICs). In the event, Chancellor Hunt did not disappoint and announced a further reduction in NICs,

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