Tax changes could prompt competitive era for UK insurance market
Alistair Darling's latest plan to scrap corporation tax on dividends and other distributions received from UK companies for the Lloyd's market, will undoubtedly enhance the level of competition within the market, according to Datamonitor.
In the 2009 UK Budget, the Chancellor of the Exchequer, Alistair Darling, announced that beginning from July 1, 2009 the government will allow all dividends from UK corporate members of the Lloyd's
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