43.Bank levy is treated as if it is corporation tax, and the relevant entity or, in the case of a banking group, the “the responsible member” (see paragraph 54, Schedule 19) is required to both make a return of the bank levy (as part of its company tax return) and to pay the bank levy.
44.Entities that pay the bank levy are required to do so under the provisions of The Corporation Tax (Installment Payments) Regulations 1998 (S.I. 1998/3175).
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