Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News - 15/12/2009

Loan Refunds: Darling considers bonus tax extension

Chancellor Alistair Darling is considering extending the time period of the bonus tax outlined in the Pre-Budget Report last week, the First Post reports.

The possible extension is aimed at ensuring that bankers are not able to dodge the levy by postponing their bonus receipt until after April 2010.

It has been rumoured that some banking firms, such as Rothschild, were considering paying out bonuses in June 2010 to avoid the 50 per cent tax.

However, if the applicability of the tax is pushed beyond April 2010 it will mean that it impacts on a new tax year, which could create legal problems for the government in applying the tax.

Some banks and financial services firms have offered their staff advise on relocating to financial centres abroad so they can avoid the bonus tax, while others have converted bonus payments into salary increases.

For help making a PPI Claim, Loan claim, PPI reclaim, or a credit card charges claim then call Belmont on 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim form, Loan Claim form, PPI reclaim form or credit card charges form.ADNFCR-2776-ID-19513987-ADNFCR

Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide