# Finance Act 2022, Section 55: UK revenue: amount

Extent: E+W+S+N.I.

(1) A person’s UK revenue—
(a) is in band A for a financial year if the person’s UK revenue for the relevant accounting period is more than £10.2 million but not more than £36 million;
(b) is in band B for a financial year if the person’s UK revenue for the relevant accounting period is more than £36 million but not more than £500 million;
(ba) is in band C for a financial year if the person’s UK revenue for the relevant accounting period is more than £500 million but not more than £1 billion;
(c) is in band D for a financial year if the person’s UK revenue for the relevant accounting period is more than £1 billion.
(2) To determine the “relevant accounting period”, see section 56.
(3) The sums in subsection (1) are to be proportionately adjusted if the relevant accounting period of the person is a period other than 12 months.

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Source: https://www.legislation.gov.uk/ukpga/2022/3/section/55 (the official version)
Page: https://openlegislation.uk/finance-act-2022/section-55
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.