BKLM160000 - Introduction: the rate of the bank levy

»Ê¹ÚÌåÓýapp table below sets out the rates of the bank levy.

Rate Period Rate for chargeable equity and long term liabilities Rate for short term chargeable liabilities
1 January 2011 - 28 February 2011 0.025% 0.05%
1 March 2011 - 30 April 2011 0.05% 0.1%
1 May 2011 - 31 December 2011 0.0375% 0.075%
1 January 2012 - 31 December 2012 0.044% 0.088%
1 January 2013 to 31 December 2013 0.065% 0.130%
1 January 2014 to 31 March 2015 0.078% 0.156%
1 April 2015 to 31 December 2015 0.105% 0.21%
1 January 2016 to 31 December 2016 0.09% 0.18%
1 January 2017 to 31 December 2017 0.085% 0.17%
1 January 2018 to 31 December 2018 0.08% 0.16%
1 January 2019 to 31 December 2019 0.075% 0.15%
1 January 2020 to 31 December 2020 0.07% 0.14%
Any time on or after 1 January 2021 0.05% 0.10%