The amount of profit in UK banks that can be offset by losses carried forward will be limited to 50%, and relief on bad debts delayed, the Chancellor has announced.
The move means banks should contribute almost £4bn more in tax over the next five years, George Osborne said. Currently some banks were offsetting losses incurred during the financial crisis against...
First mentioned in Cridland Report
Second acquisition of 2019
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.
Four key areas to focus on
And 94% for critical illness