Vanquis Banking Group (LSE:VANQ) Tax Rate % : 56.44% (As of Dec. 2023)

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What is Vanquis Banking Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vanquis Banking Group's Tax Expense for the six months ended in Dec. 2023 was £5.7 Mil. Vanquis Banking Group's Pre-Tax Income for the six months ended in Dec. 2023 was £10.1 Mil. Therefore, Vanquis Banking Group's Tax Rate % for the quarter that ended in Dec. 2023 was 56.44%.

Vanquis Banking Group Tax Rate % Historical Data

The historical data trend for Vanquis Banking Group's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vanquis Banking Group Tax Rate % Chart

Vanquis Banking Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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35.80

5.34

25.25

-36.36

Vanquis Banking Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															15.27	31.98	20.25	28.28	56.44

Vanquis Banking Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Vanquis Banking Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	1.6	/	-4.4
	=	-36.36 %

Vanquis Banking Group's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	5.7	/	10.1
	=	56.44 %

Vanquis Banking Group Tax Rate % Related Terms

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Vanquis Banking Group (LSE:VANQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Vanquis Banking Group plc (LSE:VANQ) » Definitions » Tax Rate %

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VANQl:UK

Address

No. 1 Godwin Street, Bradford, West Yorkshire, GBR, BD1 2SU

Website

https://www.vanquisbankinggroup.com

Vanquis Banking Group plc is a specialist bank, focused on the mid cost credit market. It offers credit cards and loans as Vanquis and Vehicle Finance as Moneybarn. All are delivered online and are built with customer flexibility in mind.

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