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HMRC internal manual

Bank Levy Manual

From
HM Revenue & Customs
Updated
, see all updates

Introduction: the rate of the bank levy

The table below sets out the rates of the bank levy.

Rate Period Rate for chargeable equity and long term liabilities Rate for short term chargeable liabilities
     
1 January 2011 - 28 February 2011 0.025% 0.05%
1 March 2011 - 30 April 2011 0.05% 0.1%
1 May 2011 - 31 December 2011 0.0375% 0.075%
1 January 2012 - 31 December 2012 0.044% 0.088%
1 January 2013 - 31 December 2013 0.065% 0.130%
1 January 2014 - 31 March 2015 0.078% 0.156%
1 April 2015 - 31 December 2015 0.105% 0.21%
1 January 2016 - 31 December 2016 0.09% 0.18%