Closed consultation

The design and implementation of a bank levy

We are analysing your feedback

Visit this page again soon to download the outcome to this public feedback.

Original consultation

This consultation ran from 13 July 2010 12:00am to
5 October 2010 11:45pm

Summary

Seeking views on the design and implementation of a bank levy.

Documents

Bank Levy: a consultation (PDF 267KB)

This file may not be suitable for users of assistive technology. Request a different format.

If you use assistive technology and need a version of this document in a more accessible format, please email editor@hmtreasury.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Impact Assessment (PDF 75KB)

This file may not be suitable for users of assistive technology. Request a different format.

If you use assistive technology and need a version of this document in a more accessible format, please email editor@hmtreasury.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Consultation description

The Government has launched a consultation on the design and implementation of a bank levy. This consultation sets out proposals to address a number of operational issues around design and implementation, including definitions of who will pay the tax.

The Government believes that banks should make a fair contribution to the system, which reflects the risks they pose, and should be discouraged from risky funding practices.

The levy complements the wider agenda to improve regulatory standards and financial stability.

The Government would like to hear the views of business, as well as the views of representative bodies and tax advisers, on the proposals set out in this consultation document.