Surcharge: Difference between revisions
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imported>Doug Williamson (Update 4th definition.) |
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2. ''Tax.'' | 2. ''Tax.'' | ||
An additional tax | An additional tax - or a higher rate of tax - charged in certain circumstances, or on particular taxpayers or groups of taxpayers. | ||
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* [[Default]] | * [[Default]] | ||
* [[Default surcharge]] | * [[Default surcharge]] | ||
* [[Duty]] | |||
* [[Levy]] | |||
* [[SIB surcharge]] | * [[SIB surcharge]] | ||
* [[Surtax]] | |||
* [[Systemically Important Bank]] (SIB) | |||
* [[Tax]] | |||
* [[UK Bank Corporation Tax surcharge]] | * [[UK Bank Corporation Tax surcharge]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Identify_and_assess_risks]] | [[Category:Identify_and_assess_risks]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
[[Category:The_business_context]] | |||
Latest revision as of 11:50, 23 November 2023
1. Penalties.
An additional amount charged as a penalty.
For example, default surcharge.
2. Tax.
An additional tax - or a higher rate of tax - charged in certain circumstances, or on particular taxpayers or groups of taxpayers.
3. Financial institutions - supervision - prudential regulation - capital requirements.
An additional capital requirement for certain regulated institutions, for example the SIB surcharge for Systemically Important Banks.
4. Costs and charges.
More broadly, additional cost or charge made to a customer or other counterparty.
