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Britain to review surcharge on bank profits

Wed, 03rd Mar 2021 13:16

LONDON, March 3 (Reuters) - Britain's finance minister Rishi
Sunak has said the government will review the surcharge levied
on bank profits.

Sunak said in his Budget statement on Wednesday he was
launching the review so that the combined tax burden on banks
did not rise significantly after planned increases to
corporation tax.
(Reporting by Iain Withers, Editing by Huw Jones)

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