Having examined the details of the bonus tax which was announced in the government’s Pre-Budget report last week, British banks fear that non-UK residents may be affected.

Tax experts believe that employees who work frequently in the UK but do not reside in the country might be implicated in the 50 per cent levy, the Financial Times Reports.

However, the Treasury could face difficulty in attempting to apply the tax to individuals who do not have a UK tax code.

If the bonus tax impacts on foreign employees of banks based in Britain, the move could weaken the financial services sector in the UK.

This might have a knock-on affect on banking graduate jobs, potentially restricting the funds companies are able to dedicate to training new employees.

People with professional qualifications and good careers advice are in the best position to take advantage of the banking opportunities which are available.

"So you’re a student or graduate who wants a top paying career in Banking & Finance?”

If yes, watch the video on the right now to gain instant access to everything you need to secure a top paid career / internship in banking & finance (Valued at £197)…