Approved issuer levy
If you pay interest to a non-resident lender, and want to pay it at a zero rate of non-resident withholding tax (NRWT), you have to apply to Inland Revenue to become an approved issuer. Instead of deducting NRWT, approved issuers (or a person on their behalf) must pay a levy on the securities they register with Inland Revenue.
Approved issuer levy (AIL) glossary
Explains general terms words or phrases used for AIL.
General information about AIL and approved issuer status
Tells you how to become an approved issuer and what you'll need to do when filing your end of year tax returns.
Registering securities
Sets out the criteria and steps involved in registering securities.
Return and payment due dates
Discusses payment and return filing requirements.
Completing your return
Outlines what you need when completing your return..
Ceasing AIL
Explains what's required when ceasing AIL.
Date published: 14 Oct 2004
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