The phrase "new levy" refers to a new tax or fee that is imposed by the government or an authority. It means that people or businesses will have to pay an additional amount of money. Full definition
That tax expires this year and would become part of the proposed new levy. (sun-sentinel.com)
Yesterday Deputy Prime Minister Nick Clegg signalled that the Government is ready to impose new levies on banks and City bonuses. (dailymail.co.uk)
«With the nation facing its longest period of belt - tightening since the war, the Deputy Prime Minister said the «top 10 per cent» — around 3million earning more than # 50,500 — should brace themselves for new levies. (conservativehome.blogs.com)