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Home | Bank levy increase in January |
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Bank levy increase in January
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- March 21, 2012
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In today’s Budget, Chancellor of the Exchequer, George Osborne, announced that the bank levy rate will increase to 0.105% (currently 0.088%) from January 2013. The rise is intended to ensure that banks don’t benefit from additional cuts in corporation tax and that the levy will raise the £2.5 billion a year anticipated by HM Treasury. [...]
- Read more at:http://www.bankingtimes.co.uk/2012/03/21/bank-levy-increase-in-january/
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