SolvedBKLM230000 | Relevant entities and groups: relevant entities
From HM Revenue & Customs · Bank Levy Manual
Paragraph 5 of Schedule 19
The bank levy is also charged upon certain entities (‘relevant entities’) that are not part of a group at the end of their accounting period.
These entities are:
a UK resident bank - see BKLM243000
a building society - see BKLM244000, or
a relevant foreign bank - see BKLM245000.
An entity cannot be within these categories where it is either:
a parent entity under Paragraph 4(1), or
a member of a group headed by a parent entity under Paragraph 4(1).