Tuc Urges Extra Tax On Bonuses

The HeraldFebruary 14, 2011

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Summary


Pay and bonuses of more than pound(s)250,000 should be liable for corporation tax as part of a reform of the UK's "boardroom bonus culture", the Trades Union Congress (TUC) has said.

The union organisation made the suggestion ahead of announcements on bonus levels from banks in the coming weeks, which could spark controversy.

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Extract


Tuc Urges Extra Tax On Bonuses

The TUC said that while last year's bonus tax raised si...

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