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
