Company: BCS
Filing Date: 2025-02-19
Form Type: 424B2
Source: 0001193125-25-029335
Chunk: 99

Company: BARCLAYS PLC
Filing Date: 2025-02-19
Form: 424B2
Chunk 99
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. FEDERAL INCOME TAX CONSIDERATIONS

Although the matter is not free from doubt, the Issuer intends to treat the notes as variable rate debt instruments for U.S. federal income
tax purposes. You should consult your own tax advisor regarding the characterization of the notes for such purposes.

For a summary of
material U.S. federal income tax considerations at the date hereof with respect to the acquisition, ownership and disposition of debt instruments, please review the section entitled “Tax Considerations—U.S. Taxation of Debt Securities” in the accompanying prospectus.

S-63

UNITED KINGDOM TAX CONSIDERATIONS For a summary of the U.K. withholding and other tax considerations at the date hereof with respect to the acquisition, ownership and disposition of the notes, please review the section entitled “ Tax Considerations—United Kingdom Taxation of Senior Debt Securities” in the accompanying prospectus, except that:

| (i) | the references to “Finance Act 2023-2024” in (i) the sixth paragraph under the sub-heading                                                                                         
 “Transfers of securities” under the heading “Stamp Duty” and (ii) the last paragraph under the sub-heading “Transfers of securities” under the heading “Stamp Duty Reserve Tax” in 
 the accompanying prospectus are deleted and replaced with “Finance Act 2024.”; and                                                                                                 |

| (ii) | the heading entitled “Inheritance tax” is deleted in its entirety and replaced with the 
 following:                                                                              |

“ Inheritance tax In light of proposed changes to be made to the United Kingdom taxation of non-domiciled individuals with effect from April 6, 2025, the statements below address the position, before April 6, 2025, for beneficial owners of Senior Debt Securities who are not domiciled (or deemed domiciled) in the United Kingdom and, on or after April 6, 2025, who are not long-term UK residents as defined in sections 6A and 6B of the Inheritance Tax Act 1984, to be introduced by Part 2, Chapter 4 of the Finance Bill, ordered to be published on November 7, 2024. The statements assume that the Finance Bill as ordered to be published on that date will be enacted without amendment. Where the Senior Debt Securities are not situate in the United Kingdom, beneficial owners of such Senior Debt Securities who are (before April 6, 2025) individuals not domiciled or deemed domic