Company: BCS
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001193125-25-031790
Chunk: 84

Company: BARCLAYS PLC
Filing Date: 2025-02-21
Form: 424B2
Chunk 84
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 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 domiciled in the United Kingdom or (on or after April 6, 2025) not long-term UK residents may not be subject to United Kingdom inheritance tax in respect of the Senior Debt Securities. Until April 6, 2025, “domicile” has an extended meaning in respect of United Kingdom inheritance tax, so that a person who has been resident for tax purposes in the United Kingdom for a certain period of time may be regarded as domiciled in the United Kingdom. Similarly, from April 6, 2025, a period of long UK residence (which can include years of UK residence prior to that date) may cause a person to be considered to be a long-term UK resident. Where the Senior Debt Securities are situate in the United Kingdom, beneficial owners of such Senior Debt Securities who are individuals may be subject to United Kingdom inheritance tax in respect of such Senior Debt Securities (regardless of (before April 6, 2025) domicile or (on or after April 6, 2025) long-term UK resident status) on the death of the individual or, in some circumstances, if the Senior Debt Securities are the subject of a gift, including a transfer at less than full market