Updates: Banking Manual
2025
Code population: deposit takers
Update to the population of deposit-taking banks and building societies in scope of the Code of Practice on Taxation for Banks.
2023
BKM100000+ added to contents page
2022
Interaction of the Code with other measures: contents
Guidance on the interaction of the Code and uncertain tax treatments by large business
Bank loss restriction: definition of banking company: deposit taker condition
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Bank compensation restriction: definition of banking company: financial sector condition
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Bank compensation restriction: definition of banking company: the investment banking condition
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Bank compensation restriction: definition of banking company: excluded companies – spread betting
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Bank loss restriction: definition of banking company: contents
Links to BKM302850 archived
Bank loss restriction: definition of banking company: introduction
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Bank loss restriction: definition of banking company: financial sector condition
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Banking surcharge: definition of a banking company: contents
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Banking surcharge: definition of banking company: introduction
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Banking surcharge: definition of banking company: financial sector condition
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Banking surcharge: definition of banking company: deposit taker condition
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Introduction: Code requirements
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Code population: definition of Investment Bank
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The Code commitments – governance: governance
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The Code commitments – governance: for a small bank
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The Code commitments – governance: application to overseas entities
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The Code commitments – tax planning: introduction
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The Code commitments – tax planning: established practice
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The Code commitments – tax planning: reasonable belief test
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The Code commitments – tax planning: Code approaches
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The Code commitments – tax planning: is the transaction within the GAAR?
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The Code commitments – tax planning: promotion
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The Code commitments – relationship: introduction
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Governance protocol: introduction
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Governance protocol: process for determining non-compliance
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HMRC operation of the Code: business risk review
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HMRC operation of the Code: governance
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HMRC Operation of the Code: Relationship
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The Code commitments – tax planning: the Legislation
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Bank compensation restriction: definition of banking company: contents
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Bank compensation restriction: definition of banking company: introduction
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Bank compensation restriction: definition of banking company: deposit taker condition
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Bank compensation restriction: definition of banking company: excluded company
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Bank compensation restriction: definition of banking company: excluded companies - insurance
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Bank loss restriction: definition of banking company: the investment banking condition
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Bank loss restriction: definition of banking company: relevant regulated activities
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Bank loss restriction: definition of banking company: excluded entity
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Bank loss restriction: definition of banking company: excluded entities - insurance
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Bank loss restriction: definition of banking company: excluded entities – spread betting
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Banking surcharge: definition of banking company: the investment banking condition
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Banking surcharge: definition of banking company: relevant regulated activities
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Banking surcharge: definition of banking company: excluded entity
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Banking surcharge: definition of banking company: excluded entities - insurance
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Banking surcharge: definition of banking company: excluded entities - spread betting
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Definition of banking company: an FCA investment firm that meets the conditions in CTA09/S133H(1B)
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HMRC operation of the Code: contents
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2020
Bank loss restriction: introduction: overview of legislation
Removed to correct bug on page references
Newly created contents page
2019
heading changed to distinguish from earlier chapter
Page updated as part of manual review
Updated to include information about penalties.
linked to banking manual
Introduction: Information for banks outside this manual
linked to banking manual
Page updated as part of manual review
Updated as part of manual review
Banking surcharge: calculation of surcharge profits: non-banking or pre-2016 loss relief
Page updated as part of manual review
Page updated as part of manual review
Banking surcharge: surcharge allowance: group nominated company
Page updated as part of manual review
Page updated as part of manual review
Bank loss restriction: carried-forward reliefs to which restriction applies: introduction
Update as part of manual review
Page updated as part of manual review
Page updates as part of manual review
Page updated as part of manual review
2018
Bank compensation restriction: definition of banking company: financial sector condition
Corrected information to show authorised person is EEA firm or Non-EEA treaty firm, rather than branch of same. Removed reference to supervisory treatment as not correct to say supervised by home regulator. Actual postion too complex to cover.
Bank loss restriction: introduction: overview of legislation
Updated to reflect changes from 1 April 2017
Bank loss restriction: introduction: overview of the legislation – additional features
Updated with changes from 1 April 2017
Bank loss restriction: carried-forward reliefs to which restriction applies: introduction
Updated following changes from 1 April 2017
Updated to reflect changes from 1 April 2017
Updated with changes introduced from 1 April 2017
Bank loss restriction: calculation of carried-forward reliefs available: overview
Updated with changes from 1 April 2017
Updated with changes from 1 April 2017
Updated with changes from 1 April 2017
Updated with changes from 1 April 2017
Updated with changes from 1 April 2017
Updated for changes from 1 April 2017
Bank loss restriction: carried forward reliefs outside the restriction: overview
Updated to include changes from 1 April 2017
Updated with changes from 1 April 2017
Updated with changes from 1 April 2017
Updated with changes from 1 April 2017
Updated with changes from 1 April 2017
Updated with changes from 1 April 2017
Bank loss restriction: commencement rules: periods straddling 1 April 2017
change of table formatting
formatting issues with table
Trial table spacing
Revisions to clarify carried forward losses
Temporarily removed due to formatting issues
none
Bank loss restriction: commencement rules: contents
Updated to include additional page
Bank loss restriction: example of calculation of carried forward reliefs available: contents
Updated for new page
Updated with changes from 1 April 2017
Updated with changes from 1 April 2017
Updated for changes from 1 April 2017
2017
Bank loss restriction: commencement rules: contents
section contents added
Bank loss restriction: example of calculation of carried forward reliefs available: contents
remove second 'example' from heading
Page title changed to distinguish from earlier chapter.
Bank loss restriction: definition of banking company: financial sector condition
Revised to show authorised person as the firm rather than branch in case of EEA treaty firm and non EEA treaty firm. Removed reference to supervision in case of non EEA treaty firm as information was wrong.
Banking surcharge: definition of banking company: financial sector condition
Revised to show authorised person as the firm rather than branch in case of EEA treaty firm and non EEA treaty firm. Removed reference to supervision in case of non EEA treaty firm as information was wrong.
Bank compensation restriction: contents
Change to update short title in manual homepage.
Bank loss restriction: contents
Updated to show chapter on manual homepage
Bank loss restriction: definition of banking company: contents
Link to BKM team space