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Virgin Money UK (Virgin Money UK) Deferred Tax : $0 Mil (TTM As of Sep. 2023)


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What is Virgin Money UK Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Virgin Money UK's change in deferred tax for the six months ended in Sep. 2023 was $0 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Sep. 2023 was $0 Mil.

Virgin Money UK Deferred Tax Historical Data

The historical data trend for Virgin Money UK's Deferred Tax 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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Virgin Money UK Deferred Tax Chart

Virgin Money UK Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Deferred Tax
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Virgin Money UK Semi-Annual Data
Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Virgin Money UK Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.


* 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.

Virgin Money UK Deferred Tax Related Terms

Thank you for viewing the detailed overview of Virgin Money UK's Deferred Tax provided by GuruFocus.com. Please click on the following links to see related term pages.

Virgin Money UK (Virgin Money UK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Virgin Money UK PLC (OTCPK:CBBYF) » Definitions » Deferred Tax
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Traded in Other Exchanges
CYBBF:USA VMUKl:UK VMUK:UK 42YA:Germany VUK:Australia
Address
177 Bothwell Street, Glasgow, GBR, G2 7ER
Website
https://www.virginmoneyukplc.com
Virgin Money UK was formed through the merger between CYBG PLC and Virgin Money. After being divested by National Australia Bank in 2016, CYBG went through a restructuring and recapitalization process, with mortgages accounting for around 75% of its loan book. Following CYBG's merger with Virgin Money, the loan book has been reshaped again, with mortgages now accounting for 79% of total loans, personal loans around 9%, and SME and business loans around 12%.