Surcharge: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Add link.) |
||
| Line 26: | Line 26: | ||
* [[Default surcharge]] | * [[Default surcharge]] | ||
* [[SIB surcharge]] | * [[SIB surcharge]] | ||
* [[Systemically Important Bank]] (SIB) | |||
* [[UK Bank Corporation Tax surcharge]] | * [[UK Bank Corporation Tax surcharge]] | ||
Revision as of 08:07, 13 March 2022
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.
