FEES 4A Annex 1R TP persons periodic fees for the period from 1 April 2024 to 31 March 20252
1Part 1
Activity group |
Fee payable |
|
A.1 |
Band Width (£ million of Modified Eligible Liabilities (MELs)) |
Fee (£/£m or part £m of MELs) |
Periodic fee5 |
||
>10 - 140 |
16.4475 432 |
|
>140 - 630 |
16.4475 432 |
|
>630 – 1,580 |
16.4475 432 |
|
>1,580 – 13,400 |
20.5595 432 |
|
>13,400 |
27.1385 432 |
|
A.2 |
Band Width (no. of mortgages and/or home finance transactions) |
Fee (£/mortgage) |
>50 |
3.7875 432 |
|
A.3 |
Gross written premium for fees purposes (GWP) |
Periodic fee |
Band Width (£ million of GWP) |
Fee (£/£m or part £m of GWP) |
|
>0.5 |
348.515 432 |
|
PLUS |
||
Best estimate liabilities for fees purposes (BEL) |
Periodic fee5 |
|
Band Width (£ million of BEL) |
Fee (£/£m of part £m of BEL) |
|
>1 |
21.035 432 |
|
A.4 |
Gross written premium for fees purposes (GWP) |
Periodic fee5 |
Band Width (£ million of GWP) |
Fee (£/£m or part £m of GWP) |
|
>1 |
207.835 432 |
|
PLUS |
||
Best estimate liabilities for fees purposes |
Periodic fee5 |
|
Band Width (£ million of BEL) |
Fee (£/£m or part £m of BEL) |
|
>1 |
15.695 432 |
|
A.7 |
For class 1(C), (2), (3) and (4) firms: |
|
Band Width (£ million of Funds under Management (FuM)) |
Fee (£/£m of part £m of FuM) |
|
>10 |
5.1295 432 |
|
Class 1 (C) firms are defined in FEES 4 Annex 1A |
||
A.9 |
Band Width (£ million of Gross Income (GI)) |
Fee (£/£m of part £m of GI) |
>1 |
1,111.365 432 |
|
A.102 |
Band Width (no. of traders) |
Fee (£/trader) |
>1 |
9.288.945 432 |
|
A.13 |
For class (2) firms |
|
Band Width (£ thousands of annual income (AI)) |
Fee (£/£ thousand or part £ thousand of AI) |
|
>100 |
2.7135 432 |
|
For a professional firm in A.13 the fee is calculated as above less 10%. |
||
A.14 |
Band Width (£ thousands of annual income (AI)) |
Fee (£/£ thousand or part £ thousand of AI) |
> 100 |
2.2385 432 |
|
A.18 |
Band Width (£ thousands of annual income (AI)) |
Fee (£/£ thousand or part £ thousand of AI) |
> 100 |
12.585 4 |
|
A.19 |
Band Width (£ thousands of Annual Income (AI)) |
Fee (£/£ thousand or part £ thousand of AI) |
>100 |
1.73605 432 |
|
CC.2 |
Band Width (£ thousands of annual income (AI)) |
Fee (£) |
0 - 50 |
1,2505 42 |
|
>50 - 100 |
1,5005 42 |
|
>100 |
1,7505 42 |
|
PLUS: |
||
Fee (£/£ thousand or part £ thousand of AI) |
||
>250 |
1.7645 432 |
|
Part 2
The table below shows the tariff rates (minimum fees) applicable to each of the fee blocks set out in Part 1 of FEES 4A Annex 1R other than fee-block CC2.
Activity group |
Fee payable |
A.0 |
£1,7505 unless it is a TP firm that also pays minimum fees set out in the PRA Rulebook, in which case it is £8755 234432 |
Part 3
Activity group |
Fee payable |
|
G.2 |
Minimum fee (£) |
6075 23 |
£ million or part £ million of Modified Eligible Liabilities (MELs) |
Fee (£/£m or part £m of MELs) |
|
>0.1 |
0.395 423 |
|
G.3 |
Minimum fee (£) |
6075 32 |
£ thousands or part £ thousand of Relevant Income |
Fee (£/£thousand or part £ thousand of Relevant Income) |
|
>100 |
0.3755 432 |
|
Part 4
Activity group |
Fee payable |
|
G.10 |
Minimum fee (£) |
1,9935 3 |
£ million or part £ million of average outstanding electronic money (AOEM) |
Fee (£/£m or part £m of AOEM) |
|
>5.0 |
28.405 423 |
|