BKLM160000 - Introduction: the rate of the bank levy

The 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%