Updates: Banking Manual

2023

21 June 2023 published amendments

Bank loss restriction: commencement rules: periods straddling 1 April 2017

Amendment to formatting of table to meet accessibility

20 June 2023 published amendments

2022

10 October 2022 published amendments

Interaction of the Code with other measures: contents

Guidance on the interaction of the Code and uncertain tax treatments by large business

28 September 2022 published amendments

8 August 2022 published amendments

13 July 2022 published amendments

12 July 2022 published amendments

Banking surcharge: definition of a banking company: contents

Update changes following review

Banking surcharge: definition of banking company: deposit taker condition

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Banking surcharge: definition of banking company: financial sector condition

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Banking surcharge: definition of banking company: introduction

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Bank loss restriction: definition of banking company: contents

Links to BKM302850 archived

Bank loss restriction: definition of banking company: deposit taker condition

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Bank loss restriction: definition of banking company: financial sector condition

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Bank loss restriction: definition of banking company: introduction

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Bank compensation restriction: definition of banking company: excluded companies – spread betting

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Bank compensation restriction: definition of banking company: the investment banking condition

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Bank compensation restriction: definition of banking company: financial sector condition

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HMRC Operation of the Code: Relationship

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HMRC operation of the Code: governance

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HMRC operation of the Code: business risk review

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Governance protocol: process for determining non-compliance

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Governance protocol: introduction

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The Code commitments – relationship: introduction

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The Code commitments – tax planning: promotion

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The Code commitments – tax planning: is the transaction within the GAAR?

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The Code commitments – tax planning: Code approaches

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The Code commitments – tax planning: reasonable belief test

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The Code commitments – tax planning: established practice

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The Code commitments – tax planning: introduction

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The Code commitments – governance: application to overseas entities

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The Code commitments – governance: for a small bank

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The Code commitments – governance: governance

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Code population: definition of Investment Bank

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Introduction: Code requirements

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Introduction: background to the Code of Practice on Taxation for Banks

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11 July 2022 published amendments

The Code commitments – tax planning: the Legislation

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Banking Manual

BKM100000+ added to contents page

8 July 2022 published amendments

Banking surcharge: definition of banking company: excluded entities - companies carrying on a second line of business

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Banking surcharge: definition of banking company: excluded entities - commodities and emission allowance dealers

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Banking surcharge: definition of banking company: excluded entities - asset management including pension schemes and investment trusts

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Banking surcharge: definition of banking company: excluded entities - insurance

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Banking surcharge: definition of banking company: excluded entity

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Banking surcharge: definition of banking company: relevant regulated activities

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Banking surcharge: definition of banking company: the investment banking condition

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Banking surcharge: definition of banking company: deposit taker condition

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Banking surcharge: definition of banking company: introduction

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Bank loss restriction: definition of banking company: excluded entities - companies carrying on a second line of business

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Bank loss restriction: definition of banking company: excluded entities – spread betting

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Bank loss restriction: definition of banking company: excluded entities – commodities and emission allowance dealers

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Bank loss restriction: definition of banking company: excluded entities: asset management including pension schemes and investment trusts

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Bank loss restriction: definition of banking company: excluded entities - insurance

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Bank loss restriction: definition of banking company: excluded entity

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Bank loss restriction: definition of banking company: relevant regulated activities

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Bank loss restriction: definition of banking company: the investment banking condition

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Bank loss restriction: definition of banking company: deposit taker condition

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Bank compensation restriction: definition of banking company: excluded companies - companies carrying on a second line of business

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Bank compensation restriction: definition of banking company: excluded companies - commodities and emission allowance dealer

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Bank compensation restriction: definition of banking company: excluded companies: asset management including pension schemes and investment trusts

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Bank compensation restriction: definition of banking company: excluded companies - insurance

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Bank compensation restriction: definition of banking company: excluded company

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Bank compensation restriction: definition of banking company: the investment banking condition

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Bank compensation restriction: definition of banking company: deposit taker condition

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Bank compensation restriction: definition of banking company: introduction

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Bank compensation restriction: definition of banking company: contents

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7 July 2022 published amendments

1 July 2022 published amendments

2019

27 August 2019 published amendments

24 August 2019 published amendments

Introduction: Information for banks outside this manual

linked to banking manual

Introduction

linked to banking manual

2018

14 December 2018 published amendments

Bank loss restriction: commencement rules: periods straddling 1 April 2017

change of table formatting

Numbers at point 1 corrected.

Bank loss restriction: carried-forward reliefs to which restriction applies: relevant carried forward losses – normal rules

Updated with changes introduced from 1 April 2017

Bank loss restriction: carried forward reliefs outside the restriction: reliefs carried-back from later periods - non-trading deficits

Updated with changes from 1 April 2017

Bank loss restriction: carried forward reliefs outside the restriction: reliefs arising before a company begins relevant regulated activity

Added punctuation

Bank loss restriction: calculation of carried-forward reliefs available: overview

Updated with changes from 1 April 2017

Bank loss restriction: carried forward reliefs outside the restriction: reliefs for new entrant banks

Updated with changes from 1 April 2017

Bank loss restriction: carried forward reliefs outside the restriction: allowance for building societies: overview

Updated with changes from 1 April 2017

Bank compensation restriction: definition of banking company: financial sector condition

Corrected information to show authorised person is EEA firm or Non-EEA treaty firm, rather than branch of same. Removed reference to supervisory treatment as not correct to say supervised by home regulator. Actual postion too complex to cover.

Bank loss restriction: calculation of carried-forward reliefs available - interaction with calculation of taxable total profits

Updated with changes from 1 April 2017

Banking surcharge: collection and management: banking surcharge – information to include in company tax return

Changes made to reflect introduction of CT600 Version 3

Bank loss restriction: calculation of carried-forward reliefs available: calculation of relevant profit accounting period ended 1/4/15 to 31/3/17 – steps 1 to 4

Updated with changes from 1 April 2017

Bank loss restriction: carried forward reliefs outside the restriction: allowance for building societies - allocation of allowance within building society group

Updated with changes from 1 April 2017

Bank loss restriction: Calculation of carried-forward reliefs available: calculation of relevant profit apes 1/4/15 to 31/3/17 - assumed allocation of relief

Updated title

Bank loss restriction: carried forward reliefs outside the restriction: allowance for building societies - re-allocation of allowance within building society group

Updated with changes from 1 April 2017

Bank loss restriction: calculation of carried-forward reliefs available: where banking company has more than one trade

Updated with changes from 1 April 2017

Bank loss restriction: calculation of carried-forward reliefs available: effect on the availability of other reliefs

Updated with changes from 1 April 2017

Bank loss restriction: introduction: overview of the legislation – additional features

Updated with changes from 1 April 2017

Bank loss restriction: calculation of carried-forward reliefs available: particular considerations for group and consortium relief under CTA10/PART5

Updated for changes from 1 April 2017

Bank loss restriction: carried-forward reliefs to which restriction applies: introduction

Updated following changes from 1 April 2017

Bank loss restriction: carried forward reliefs outside the restriction: overview

Updated to include changes from 1 April 2017

Bank loss restriction: carried-forward reliefs to which restriction applies: relevant carried forward losses – amount available - pre-1 April 2017

Updated to reflect changes from 1 April 2017

24 July 2018 published amendments

change of table formatting

20 July 2018 published amendments

Trial table spacing

30 June 2018 published amendments

Bank loss restriction: contents

Added BKM305000 to contents page

18 May 2018 published amendments

none

22 January 2018 published amendments

Bank compensation restriction: commencement: role of CCM and HMRC case team

Change from CRM to CCM as requested by Darryl Wall

2017

17 August 2017 published amendments

11 July 2017 published amendments

29 June 2017 published amendments

Banking surcharge: definition of banking company: financial sector condition

Revised to show authorised person as the firm rather than branch in case of EEA treaty firm and non EEA treaty firm. Removed reference to supervision in case of non EEA treaty firm as information was wrong.

Bank loss restriction: definition of banking company: financial sector condition

Revised to show authorised person as the firm rather than branch in case of EEA treaty firm and non EEA treaty firm. Removed reference to supervision in case of non EEA treaty firm as information was wrong.

21 June 2017 published amendments

Bank loss restriction: contents

Updated to show chapter on manual homepage

Bank loss restriction: definition of banking company: contents

Link to BKM team space

Bank compensation restriction: contents

Change to update short title in manual homepage.