The Government appears to be keeping all options open in relation to the inflammatory issue of bank bonuses, reports the Financial Times (20 September). The paper quotes Nick Clegg as saying that ‘the last government imposed a temporary tax on bonuses. I am not going to take any options off the table’.
The BBC suggests that the Government might be considering ‘a tax targeting high profits or a financial transactions tax’, quoting Vince Cable’s remarks in a Lib Dem fringe meeting speech that ‘there are potentially quite tough sanctions in terms of tax policy’.
The Guardian (21 September) reports that the temporary tax on bank bonuses has raised £2.3 billion, far more than the £550 million originally forecast.
The Government appears to be keeping all options open in relation to the inflammatory issue of bank bonuses, reports the Financial Times (20 September). The paper quotes Nick Clegg as saying that ‘the last government imposed a temporary tax on bonuses. I am not going to take any options off the table’.
The BBC suggests that the Government might be considering ‘a tax targeting high profits or a financial transactions tax’, quoting Vince Cable’s remarks in a Lib Dem fringe meeting speech that ‘there are potentially quite tough sanctions in terms of tax policy’.
The Guardian (21 September) reports that the temporary tax on bank bonuses has raised £2.3 billion, far more than the £550 million originally forecast.
