Bank levy rate for 2017U.K.
2(1)In paragraph 6 of Schedule 19 to FA 2011 (steps for determining the amount of the bank levy), in sub-paragraph (2)—U.K.
(a)for “0.09%” substitute “ 0.085% ”, and
(b)for “0.18%” substitute “ 0.17% ”.
(2)In paragraph 7 of that Schedule (special provision for chargeable periods falling wholly or partly before 1 January 2016)—
(a)in sub-paragraph (1) for “2016” substitute “ 2017 ”;
(b)at the end of that table add—
| “1 January 2017 to 31 December 2017 | 0.085% | 0.17%” |
(c)in the italic heading before paragraph 7, for “2016” substitute “ 2017 ”.
(3)The amendments made by this paragraph come into force on 1 January 2017.