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ECL24100 | Computation step 3: band ranges: overview

From HM Revenue & Customs · Economic Crime Levy

The Economic Crime Levy is a set charge depending upon what band range a person falls within. A person’s UK revenue will mean they fall within one of the following band ranges:

  • A person will fall into the medium band range for the financial year if their UK revenue for the relevant accounting period is more than £10.2 million but no more than £36 million (s55(1)(a) FA22).

  • A person will fall into the large band range for the financial year if their UK revenue for the relevant accounting period is more than £36 million but no more than £1 billion (s55(1)(b) FA22).

  • A person will fall into the very large band range for the financial year if their UK revenue for the relevant accounting period is more than £1 billion (s55(1)(c) FA22).

For example, a person with a UK revenue of exactly £1 billion (in accordance with GAAP) falls within the large band range.

If a person’s UK revenue is less than the medium band size, they will have no levy to pay, and there will be no need for that person to register for the ECL or make an ECL return.