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Thin end of the wedge? LLPs brace for major tax overhaul
Thursday 02 July 2026 5:08 am | Updated: Wednesday 01 July 2026 4:27 pm
Thin end of the wedge? LLPs brace for major tax overhaul
By: Christian May
Editor-in-Chief
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Add as a preferred source on GoogleCould LLPs face a new tax regime? (Photo by Leon Neal/Getty Images)
The maths genius behind trading firm XTX, Alex Gerko, stands high in the rankings of Britain’s top taxpayers, having paid more than £330m to HMRC last year. For good measure, he also handed out more than £150m to charities and good causes in 2025, focusing on education and supporting talented math graduates to pursue PhDs and advanced research.
With profits at his firm (which employs fewer than 200 people) touching........
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