Monday, October 24, 2011

Britain raised the tax on banks to 2.5 billion pounds in 2011

The UK government has considered the country's banks stable enough to raise the tax on the banking sector this year to 800 million pounds - up to 2.5 billion pounds ($ 4 billion), writes the Financial Times. Tax on the banking sector proposed by the finance minister George Osborne, originally planned at 2.5 billion pounds a year, but then the authorities have decided to reduce it to first years to 1.7 billion pounds to loose after the crisis, banks have managed to strengthen the capital. Return to the original volume of payments considered markets as a signal of stability of the British finsektora. "The increase in tax revenue of 800 million pounds will help create a predictable and stable tax system. We are talking about the economy: it is necessary to ensure that banks make a fair contribution to reducing the budget deficit," - said Dzh.Osborn. However, the British finance minister expects that, despite the increase in taxes, the government would soon negotiate with the City to increase lending to small businesses. Under the proposed Treasury Project Merlin, "UK banks should set aside more than ? 1 billion to small businesses to ensure regional growth. On materials the Interfax-Ukraine

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