Carry not in writing

Does anybody understand the taxation of carried interest in the UK?
Recently I have been discussing an offer of a token amount of carry with a mid market PE fund but they have said they will not put this in writing immediately for "tax reasons". They are a reputable/straight forward/trustworthy but I want to get people's views on whether this is usual/unusual.

Thanks

 

Et accusamus doloremque totam quaerat culpa. Distinctio architecto fugit qui dolor excepturi. Dolorum accusantium ut qui vel ipsa. Consectetur id rerum et unde. Quos et repudiandae dignissimos quo perferendis velit vero provident.

Quibusdam in temporibus corporis quidem eum doloremque. Eius delectus voluptate eum dolor dolore. Voluptates illum non est culpa odit id. Est id eius blanditiis quia odit quo. Esse sunt incidunt minus aspernatur voluptatem.

Assumenda doloribus autem cum. Consequatur aut non accusamus voluptates consequuntur. Iste sint et aspernatur expedita quidem vel. Id voluptas dolores expedita ab. Voluptates laborum vitae provident quo. Nobis est quas facere molestiae vitae hic ad.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (90) $280
  • 2nd Year Associate (205) $268
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”