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.”
Research also finds that 84% of businesses believe that the government has not provided enough information about digital tax plans
A total of £16bn was lost through tax fraud last year, according to estimates released by Pinsent Masons
Rosamond McDowell looks at key changes to inheritance tax policy, which apply from April this year
Additional tax a result of compliance investigations by HMRC, but overall revenue falls