Approved issuer levy
If you pay interest to a (non associated) non-resident lender, and want to pay it at a zero rate of NRWT (Non-resident withholding tax), 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.
Explains general terms words or phrases used for AIL.
Tells you how to become an approved issuer and what you'll need to do when filing your end of year tax returns.
Sets out the criteria and steps involved in registering securities.
Discusses payment and return filing requirements.
Outlines what you need when completing your return..
Explains what's required when ceasing AIL.
Outlines the requirements that need to be met for a zero levy rate to apply on certain bonds.
Date published: 14 Oct 2004