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FEES 4 Annex 3 Transaction reporting fees

Transaction reporting fees for the period from 1 April 2005 to 31 March 2006

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This table shows the fees payable for transaction reporting.

Fee type

Fee amount (including VAT)

Transaction charge

Number of transactions per annum

Fee per transaction (inc. VAT)

For the first 1,000

0p

1,001 - 1,000,000

3p

1,000,001 - 4,000,000

2.75p

4,000,001 - 8,000,000

2.5p

8,000,001 - 13,000,000

2.25p

13,000,001 - 20,000,000

2p

>20,000,000

1.75p

Firms using the Direct Reporting System software or the Transaction Reporting System will be additionally invoiced for:

(a)

an initial software licence fee of £587.50 (including VAT) for users of the Direct Reporting System;

(b)

an annual enrolment fee of £235 (including VAT) per licence held on 1 April each year for users of the Direct Reporting System and the Transaction Reporting System; and

(c)

an annual enrolment fee of £235 (including VAT) per registration held on 1 April each year for users of the Transaction Reporting System.