Deutsche Bank is planning to smooth out the effects of the government’s sting
on UK banking bonuses among its staff across the globe, claiming it would be
unfair to single out UK employees.
The banking industry has been up in arms about
clampdown which was announced in the pre-Budget report earlier this month.
Deutsche’s CEO Josef Ackermann told the
“If parts are paid out of the bonus pool we would seek to globalize it.
“It would be unfair to treat UK bankers differently.”
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MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer