Bank of England publishes 2026/27 Levy notification, triggering invoices to levy payers
Firms liable for the Bank of England Levy must pay their 2026/27 contribution on receipt of the invoices following from the Bank's annual Levy notification
Change
On 8 July 2026 the Bank of England published its Bank of England Levy Notification Document for Levy Year 2026/27, setting out the Bank's Anticipated Levy Requirement under the Levy Framework Document; Levy Payers will now receive invoices for their contribution to the 2026/27 Levy.
Why it matters
The notification is the Bank's annual statement of its Anticipated Levy Requirement for the 2026/27 Levy Year under paragraph 1.16 of the Bank of England Levy Framework Document. It initiates the levy cycle: Levy Payers will be invoiced for their individual contribution and must settle it. The levy funds the Bank's policy functions and is a statutory charge on the firms within its scope.
Implications
- — Firms liable for the Bank of England Levy must budget for and pay their 2026/27 contribution once invoiced by the Bank — the notification sets the Bank's Anticipated Levy Requirement for the year and triggers the invoicing that levy payers are obligated to settle.
Who is affected
- — Firms liable for the Bank of England Levy and their finance and treasury teams