Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News - 14/1/2010

 
Bank Charges: President unveils bank tax plan

US president Barack Obama has outlined plans for a levy on bank profits with a tax he hopes will raise billions of dollars.

He has promised to recover "every single dime" spent on bailing out financial services companies, MSNBC reports today (January 14th).

"My determination to achieve this goal is only heightened when I see reports of massive profits and obscene bonuses at the very firms who owe their continued existence to the American people," he added.

The tax, which is being called a 'financial crisis responsibility fee', will be imposed over a ten year period on banks with more than $50 billion (£30.7 billion) in assets.

In December's Pre-Budget Report, the British government introduced a bonus tax applied on payments above £25,000. Some analysts predict that this could raise as much as £4 billion for the Treasury's coffers.

The US government spent more than $250 billion (£153 billion) on bank bailouts since the start of the global financial crisis.

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-19558746-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 
Town
County
Post Code 
Email 
Circumstances
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 www.gov.uk/moj/cmr 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