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Reply to: Pre-Budget Report 2009: Banks may delay bonuses to avoid tax

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Previously on "Pre-Budget Report 2009: Banks may delay bonuses to avoid tax"

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  • miffy
    replied
    Thats hilarious.

    Leave a comment:

  • AtW
    started a topic Pre-Budget Report 2009: Banks may delay bonuses to avoid tax

    Pre-Budget Report 2009: Banks may delay bonuses to avoid tax

    City bankers may delay paying Christmas bonuses until next spring, after the deadline for the Chancellor's new 50 per cent levy has expired.

    Alistair Darling said today that banks would have to pay the levy on any bonus paid to staff before April 5 to address public fury over City remuneration.

    Only banks have to pay the levy – hedge funds and insurers are exempt, and any banker who is entitled to a guaranteed bonus will also escape the super-tax.

    More: http://business.timesonline.co.uk/to...cle6950444.ece

    Tags: None

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