BKM502200 | Code population: identifying banks in the Code population for the List of Non-Adopters

The Code population for a particular reporting period is broadly the following:

• Deposit takers,

• Investment firms that are chargeable to the bank levy or would be chargeable if it were not for the £20 billion de minimis.

FA11/SCH19/PART3 outlines the relevant groups and entities on which the bank levy is chargeable and Part 8 contains definitions. Any groups and entities on which the bank levy is chargeable, or would be chargeable if it were not for the £20 billion de minimis, are in the Code population if they are also within the charge to corporation tax.

There is detailed guidance on groups and entities subject to the bank levy in the Bank Levy Manual. See BKLM240000+.