Economic Crime Levy: changes to bands and charges
This tax information and impact note is about changes in banding criteria and increases in the rate of Economic Crime Levy for entities with a UK revenue of more than 拢10.2 million each year.
Documents
Details
This measure increases the amount charged under the Economic Crime (Anti-Money Laundering) Levy from financial year beginning April 2026 onwards. It affects entities that are both regulated for anti-money laundering purposes and have UK revenue over 拢10.2 million each year.
This measure splits the previous large band into two new bands:
- Band B for entities with UK revenue more than 拢36 million and not more than 拢500 million, with Economic Crime Levy payable of 拢36,000
- Band C for entities with UK revenue more than 拢500 million and not more than 拢1 billion, with Economic Crime Levy payable of 拢500,000
It also renames the remaining bands as A and D and increases the Economic Crime Levy payable by band A to 拢10,200, and Band D to 拢1 million.
Updates to this page
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The names and descriptions of the bands of the Economic Crime (Anti Money Laundering) Levy have been updated so they are in line with the changes made in Budget 2025.
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First published.