Statistical notice
The introduction of the Economic Crime Levy, established as part of the Finance Act 2022 and effective from 1 April 2022, has prompted a need to clarify the reporting of the Levy on the Form PL.
Any levy payments made should be reported directly under Tax (PL16), but not within any of the further box breakdowns (16A or 16B). Where possible, data should be reported on an accruals basis.
This treatment should be implemented with effect from 2022 Q2 reporting.
If there are any queries regarding the above or if the above is not possible to implement please email DSDPLTeam@bankofengland.co.uk.
Footnote
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