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Home | Bank Levy increased to 0.088% |
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Bank Levy increased to 0.088%
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- November 29, 2011
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In today’s autumn statement, Chancellor of the Exchequer, George Osborne, announced that the Bank Levy will increase to 0.088% from 1st January 2012, up from its current level of 0.075%. Banks will also be barred from using “complex” asset-backed pension arrangements which the Chancellor estimates deprives the Exchequer of £0.5 billion a year. The much [...]
- Read more at:http://www.bankingtimes.co.uk/2011/11/29/bank-levy-increased-to-0-088/
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