Revolut and Monzo urge Healey to raise bank tax threshold

Revolut and Monzo urge Healey to raise bank tax threshold

Revolut, Monzo and Shawbrook are among a raft of challenger banks calling for John Healey to raise the threshold at which UK lenders are hit with an additional tax grab. The group – which also includes Investec, Aldemore and OSB – have written to the Chancellor ahead of the Budget in a bid to remove [...]

28 Sept, 11:26

Revolut and banking rivals urge Healey to raise tax surcharge threshold in budget

Revolut, Britain's most valuable fintech, is among a pack of challenger banks urging the chancellor to remove the threat of an immediate tax raid on the sector in his budget next month.

28 Sept, 09:09

How could Healey raise tax in the Budget?

Given the restrictions imposed on him by Labour’s manifesto, the chancellor has limited options available to bring in money

23 Sept, 04:00