Thread: Banking Scandal
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Old 04-07-2012, 13:18   #36
Jim Procter
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Re: Banking Scandal

No one has mentioned about the tax this Bob Diamond should have paid on his vast salary and bonus. It seems he pays very little, as Barclays pay his tax for him.So his salary and bonus last year which amounted to 21 million is now worth another 5.7 million as his tax was settled by his bank.By my reckoning he should have paid at least 60% to HM Government amounting to about 12.6 million.How do these guys get away with it?
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