FEES 7C Annex 1R TPR SFGB money advice levy for the period from 1 April 2019 to 31 March 2020

Part 1 TP firms

A.1

Band Width (£ million of Modified Eligible Liabilities (MELs))

Fee (£/£m or part £m of MELs)

>10

[tbc]

A.2

Band Width (no. of mortgages and/or home finance transactions)

Fee (£/mortgage)

>50

[tbc]

A.3

Gross written premium for fees purposes (GWP

Band Width (£ million of GWP)

Fee (£/£m or part £m of GWP)

>0.5

[tbc]

PLUS

Best estimate liabilities for fees purposes (BEL)

Band Width (£ million of BEL)

Fee (£/£m of part £m of BEL)

>1

[tbc]

A.4

Gross written premium for fees purposes (GWP)

Band Width (£ million of GWP)

Fee (£/£m or part £m of GWP)

>1

[tbc]

PLUS

Best estimate liabilities for fees purposes (BEL)

Band Width (£ million of BEL)

Fee (£/£m or part £m of BEL)

>1

[tbc]

A.7

For class 1(C), (2), (3) and (4) firms:

0.084

Band Width (£ million of Funds under Management (FuM))

Fee (£/£m of part £m of FuM)

>10

[tbc]

Class 1(C) firms are defined in FEES 4 Annex 1AR.

A.9

Band Width (£ million of Gross Income (GI))

Fee (£/£m of part £m of GI)

>1

[tbc]

A.10

Band Width (no. of traders)

Fee (£/trader)

>1

[tbc]

A.13

For class (2) firms

Band Width (£ thousands of annual income (AI))

Fee (£/£ thousand or part £ thousand of AI)

>100

[tbc]

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

[tbc]

A.18

Band Width (£ thousands of Annual Income (AI))

Fee ((£/£ thousand or part £ thousand of AI)

>100

[tbc]

A.19

Band Width (£ thousands of Annual Income (AI))

Fee (£/£ thousand or part £ thousand of AI)

>100

[tbc]

CC.2

Minimum fee (£)

[tbc]

£ thousands of annual income (AI)

Fee (£/£ thousand or part £ thousand of AI

>250

[tbc]

Part 2 TA PI firms and TA RAISP firms

G.3

Minimum fee (£)

[tbc]

£ thousands or part £ thousand of Relevant Income

Fee (£/£thousand or part £ thousand of Relevant Income)

>100

[tbc]

Part 3 TA EMI firms

G.10

Minimum fee (£)

[tbc]

£ million or part £m of average outstanding electronic money (AOEM)

Fee (£/£m or part £m of AOEM)

>5.0

[tbc]

£ thousands of annual income (AI)

Fee (£/£ thousand or part £ thousand of AI

>250

[tbc]

Part 4

(1) This Part sets out the minimum TPR SFGB money advice levy applicable to the TPR firms specified in (3) below.

(2) The minimum TPR SFGB money advice levy payable by any firm referred to in (3) is £[tbc].

(3) A TP firm is referred to in this paragraph if it falls within the following activity groups: A.1; A.2; A.3; A.4; A.7; A.9; A.10; A.13; A.14; A.18; and A.19.