ECL12100 | Who is liable to the ECL

The Economic Crime Levy is a charge per person.

In order to be within the scope of the Economic Crime (Anti-Money Laundering) Levy (ECL), a person must have been carrying on a regulated business [ECL12200].

If a person commences a regulated business during a financial year, they will be within the scope of the ECL.

Persons will be required to pay the levy if they are categorised as medium, large, or very large (see [ECL24100]) based on the amount of UK revenue (see [ECL23000]) reported in the relevant accounting period (see [ECL22000]