Introduction Background Note
13.The Government announced when it introduced the bank levy that it would review the design of the levy in 2013. A consultation document was published on 4 July 2013 setting out various areas where the Government sought views. The consultation closed on                     26 September 2013. A consultation response document was published on 10 December 2013 and is available on the GOV.UK website.
14.The changes above arise as a result of this consultation and were introduced in Finance Act 2014.