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TAX EXPENSE (Details) - Schedule of Reconciliation of the Charge Resulting from Applying the Standard UK Corporation Tax Rate - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Schedule of Reconciliation of the Charge Resulting from Applying the Standard UK Corporation Tax Rate [Abstract]      
Profit before tax £ 4,393 £ 5,960 [1] £ 5,625 [1]
UK corporation tax thereon (835) (1,132) [1] (1,083) [1]
Impact of surcharge on banking profits (364) (409) [1] (429) [1]
Non-deductible costs: conduct charges (370) (101) [1] (287) [1]
Non-deductible costs: bank levy (43) (43) [1] (44) [1]
Other non-deductible costs (121) (90) [1] (59) [1]
Non-taxable income 40 87 [1] 72 [1]
Tax relief on coupons on other equity instruments 89 83 [1] 79 [1]
Tax-exempt gains on disposals 102 124 [1] 128 [1]
Recognition (derecognition) of losses that arose in prior years 18 (9) [1] [1]
Remeasurement of deferred tax due to rate changes (6) 32 [1] (9) [1]
Differences in overseas tax rates (14) 6 [1] (15) [1]
Policyholder tax (67) (62) [1] (66) [1]
Policyholder deferred tax asset in respect of life assurance expenses (53) 73 [1] [1]
Adjustments in respect of prior years 237 (13) [1] 88 [1]
Tax effect of share of results of joint ventures [1]   (1)
Tax expense £ (1,387) £ (1,454) [1] £ (1,626) [1]
[1] Restated, see note 1.