Company: BCS
Filing Date: 2025-02-20
Form Type: 424B2
Source: 0001193125-25-030302
Chunk: 152

Company: BARCLAYS PLC
Filing Date: 2025-02-20
Form: 424B2
Chunk 152
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 certain U.K. taxation aspects. In particular, holders of the Securities should be aware that they may be liable to taxation under the laws of other jurisdictions in relation to payments in respect of the Securities even if such payments may be made without withholding or deduction for or on account of taxation under the laws of the U.K.

Payments of Interest

The Securities issued by the Issuer which carry a right to interest will constitute “quoted Eurobonds” provided they are and
continue to be listed on a recognized stock exchange (within the meaning of section 1005 of the Income Tax Act 2007 (the “Act”) for the purpose of section 987 of the Act) or admitted to trading on a “multilateral trading
facility” operated by a regulated recognized stock exchange within the meaning of section 987 of the Act.

While the Securities are
and continue to be quoted Eurobonds, payments of interest on the Securities may be made without withholding or deduction for or on account of U.K. income tax.

The Issuer’s understanding is that the ISM is a multilateral trading facility operated by a regulated recognized stock exchange for the
purposes of section 987 of the Act.

Under current U.K.
legislation, if the exemption referred to above does not apply, interest on the Securities may fall to be paid under deduction of U.K. income tax at the basic rate (currently 20%) unless: (i) another relief applies under domestic law; or
(ii) the Issuer has received a direction to the contrary from HMRC in respect of such relief as may be available pursuant to the provisions of any applicable double taxation treaty.

Other considerations

Where
interest has been paid under deduction of U.K. income tax, holders of the Securities who are not resident in the U.K. for tax purposes may be able to recover all or part of the tax deducted if there is an appropriate provision in any applicable
double taxation treaty.

The references to “interest” above mean “interest” as understood in U.K. tax law. The
statements above do not take account of any different definitions of “interest” or “principal” which may prevail under any other law or which may be created by the terms and conditions of the Securities or any related
documentation.

S-94

The above description of the U.K. withholding tax position assumes that there will be no substitution of the Issuer and does not consider the tax consequences of any such substitution. Stamp duty and stamp duty reserve tax 1. The Finance Act