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our plans and budget for 2011/2012 - a consultation paper

annex C
voluntary jurisdiction - levy for 2011/2012

FEES 5 Annex 2R
annual levy payable in relation to the voluntary jurisdiction (VJ) for 2011/2012

industry block 1V

deposit acceptors, mortgage lenders and administrators, including debit/credit/charge card issuers and merchant acquirers, and electronic money institutions

  • tariff basis is the number of relevant accounts
  • 2011/2012 tariff rate - 0.0278
  • proposed minimum levy - £100

industry block 2V

VJ participants undertaking insurance activities subject only to prudential regulation

  • tariff basis is per £1,000 of relevant annual gross premium income
  • 2011/2012 tariff rate - 0.103
  • minimum levy - £100

industry block 3V

VJ participants undertaking insurance activities subject to prudential and conduct of business regulation

  • tariff basis is per £1,000 of relevant adjusted annual gross premium income
  • 2011/2012 tariff rate - 0.025
  • minimum levy - £100

industry block 6V

intermediaries

  • tariff basis - n/a
  • 2011/2012 tariff rate - n/a
  • minimum levy - £75

industry block 7V

freight-forwarding companies

  • tariff basis - n/a
  • 2011/2012 tariff rate - n/a
  • proposed minimum levy - £75

industry block 8V

National Savings & Investments

  • tariff basis - n/a
  • 2011/2012 tariff rate - n/a
  • proposed minimum levy - £10,000

industry block 9V

Post Office Limited

  • tariff basis - n/a
  • 2011/2012 tariff rate - n/a
  • proposed minimum levy - £2,000

industry block 10V

persons not covered by 1V to 8V undertaking activities which would be regulated activities, payment services or consumer credit activities if they were carried on from an establishment in the United Kingdom

  • tariff basis - n/a
  • 2011/2012 tariff rate - n/a
  • proposed minimum levy - £75