Approved issuer levy: Ceasing AIL
If you stop paying AIL permanently you need to let us know by contacting our Non-resident Centre. We'll stop sending you the payment forms and close your account.
Revoking approved issuer status
Approved issuer status lasts until it's revoked. It can be revoked if you:
- are guilty of serious default or neglect of your tax duties
- ask for the status to be revoked by writing to our Non-resident Centre.
What effect does this have?
If approved issuer status is revoked:
- zero rating can't apply to new securities
- existing registered securities are not affected.
Date published: 28 Sep 2006
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