Finance Act 2010 (c. 13)

SCHEDULES

SCHEDULE 1 U.K. Bank payroll tax

Part 1 U.K. The tax

“Taxable company” U.K.

3 U.K. “Taxable company” means a company which—

(a) is a UK resident bank or a relevant foreign bank,

(b) is a company not within paragraph (a) which is a member of a banking group and—

(i) is a UK resident investment company or a UK resident financial trading company, or

(ii) is a relevant foreign financial trading company, or

(c) is a building society or is a UK resident investment company, or a UK resident financial trading company, which is a member of the same group as a building society.