Chal­lengers face tax bill in­creases

Yorkshire Post - Business - - FRONT PAGE -

CHANGES: Chal­lenger banks face sharp rises in their tax bills af­ter the com­pe­ti­tion watch­dog said that a one­size-fits- all ap­proach to tax­ing the sec­tor is not an­ti­com­pet­i­tive.

The Com­pe­ti­tion and Mar­kets Au­thor­ity said that it would mon­i­tor how smaller lenders cope with the new tax regime.

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