SCHEDULES

SCHEDULE 2Bank levy rates for 2016 to 2021

Bank levy rate for 2019

4

1

In paragraph 6 of Schedule 19 to FA 2011 (steps for determining the amount of the bank levy), in sub-paragraph (2)—

a

for “0.08%” substitute “ 0.075% ”, and

b

for “0.16%” substitute “ 0.15% ”.

2

In paragraph 7 of that Schedule (special provision for chargeable periods falling wholly or partly before 1 January 2018)—

a

in sub-paragraph (1) for “2018” substitute “ 2019 ”;

b

at the end of that table add—

1 January 2019 to 31 December 2019

0.075%

0.15%

c

in the italic heading before paragraph 7, for “2018” substitute “ 2019 ”.

3

The amendments made by this paragraph come into force on 1 January 2019.