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Tax - Reconciliation (Details) - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Tax      
UK corporation tax 23.50% 19.00%  
Profit before tax £ 3,589 £ 2,620  
Expected tax (charge)/credit (843) (498)  
Losses and temporary differences in year where no deferred tax asset recognised (38) (51)  
Foreign profits taxed at other rates (21) (39)  
losses on disposals and write-downs (1) (4)  
UK bank levy (12) (9)  
regulatory and legal actions (3) (13)  
other disallowable items (18) (12)  
FX recycling on UBIDAC capital reduction 75    
other non-taxable items 14 8  
Taxable foreign exchange movements 6 (7)  
Unrecognised losses brought forward and utilised 8    
Banking surcharge (144) (207)  
Tax on paid-in equity 22 22  
UK tax rate change impact   (31)  
Adjustments in respect of prior years (106) 37  
Tax charge for the year (1,061) (795)  
Deferred tax assets 2,171   £ 2,178
Deferred tax liabilities 210   227
Trading loss carryforward £ 773   £ 952
UK      
Tax      
Increase/(decrease) in the carrying value of deferred tax assets in respect of:   10  
Republic of Ireland      
Tax      
Increase/(decrease) in the carrying value of deferred tax assets in respect of:   £ (1)