corporate plan and 2009/10 budget
January 2009
annex A
compulsory jurisdiction – provisional levy 2009/10
PDF version of the compulsory jurisdiction – provisional levy table [opens in new window]
These are provisional figures, which are expected to form part of a separate consultation by the FSA in January 2009.
industry block 1
deposit acceptors, home finance providers and administrators (excluding firms in block 14)
- tariff basis is per relevant account
- proposed tariff rate – 0.027
- 2008/09 tariff rate – 0.023
- proposed minimum levy per firm – £100
- proposed total – £7,273,594
- 2008/09 total – £6,216,746
- proposed contributions by block – 41.0%
- contribution by block for 2008/09 – 36.1%
industry block 2
insurers – general (excluding firms in blocks 13 & 15)
- tariff basis is per £1,000 of relevant annual gross premium income
- proposed tariff rate – 0.126
- 2008/09 tariff rate – 0.126
- proposed minimum levy per firm – £100
- proposed total – £3,130,688
- 2008/09 total – £3,140,026
- proposed contributions by block – 17.7%
- contribution by block for 2008/09 – 18.3%
industry block 3
The Society of Lloyd's
- tariff basis – n/a
- proposed tariff rate – n/a
- 2008/09 tariff rate – n/a
- proposed minimum levy per firm – n/a
- proposed total – £28,000
- 2008/09 total – £28,000
- proposed contributions by block – 0.2%
- contribution by block for 2008/09 – 0.2%
industry block 4
insurers – life (excluding firms in block 15)
- tariff basis is per £1,000 of relevant adjusted annual gross premium income
- proposed tariff rate – 0.025
- 2008/09 tariff rate – 0.049
- proposed minimum levy per firm – £100
- proposed total – £1,781,063
- 2008/09 total – £3,141,796
- proposed contributions by block – 10.1%
- contribution by block for 2008/09 – 18.3%
industry block 5
fund managers
- tariff basis is flat fee
- proposed tariff rate – 0
- 2008/09 tariff rate – 0
- proposed minimum levy per firm – £200
- proposed total – £180,000
- 2008/2009 total – £191,400
- proposed contributions by block – 1.0%
- contribution by block for 2008/09 – 1.1%
industry block 6
operators, trustees and depositaries of collective investment schemes and operators of personal pension schemes or stakeholder pension schemes
- tariff basis – flat fee
- proposed tariff rate – 0
- 2008/09 tariff rate – 0
- proposed minimum levy per firm – £50
- proposed total – £20,000
- 2008/09 total – £21,300
- proposed contributions by block – 0.1%
- contribution by block for 2008/09 – 0.1%
industry block 7
dealers as principal
- tariff basis – flat fee
- proposed tariff rate – 0
- 2008/09 tariff rate – 0
- proposed minimum levy per firm – £50
- proposed total – £14,000
- 2008/09 total – £13,300
- proposed contributions by block – 0.1%
- contribution by block for 2008/09 – 0.1%
industry block 8
advisory arrangers, dealers or brokers holding and controlling client money and/or assets
- tariff basis is per relevant approved person
- proposed tariff rate – 55
- 2008/09 tariff rate – 80
- proposed minimum levy per firm – £55
- proposed total – £990,094
- 2008/09 total – £1,931,200
- proposed contributions by block – 5.6%
- contribution by block for 2008/09 – 11.2%
industry block 9
advisory arrangers, dealers or brokers not holding and controlling client money and/or assets
- tariff basis is per relevant approved person
- proposed tariff rate – 35
- 2008/09 tariff rate – 40
- proposed minimum levy per firm – £35
- proposed total – £990,094
- 2008/09 total – £1,042,480
- proposed contributions by block – 5.6%
- contribution by block for 2008/09 – 6.1%
industry block 10
corporate finance advisers
- tariff basis – flat fee
- proposed tariff rate – 0
- 2008/09 tariff rate – 50
- proposed minimum levy per firm – £50
- proposed total – £14,000
- 2008/09 total – £24,500
- proposed contributions by block – 0.1%
- contribution by block for 2008/09 – 0.1%
industry block 13
cash-plan health providers
- tariff basis – flat fee
- proposed tariff rate – 0
- 2008/09 tariff rate – 50
- proposed minimum levy per firm – £50
- proposed total – £600
- 2008/09 total – £600
- proposed contributions by block – 0.0%
- contribution by block for 2008/09 – 0.0%
industry block 14
credit unions
- tariff basis – flat fee
- proposed tariff rate – 0
- 2008/09 tariff rate – 50
- proposed minimum levy per firm – £50
- proposed total – £24,000
- 2008/09 total – £23,350
- proposed contributions by block – 0.1%
- contribution by block for 2008/09 – 0.1%
industry block 15
friendly societies whose tax-exempt business represents 95% or more of their total relevant business
- tariff basis – flat fee
- proposed tariff rate – 0
- 2008/09 tariff rate – 50
- proposed minimum levy per firm – £50
- proposed total – £3,500
- 2008/09 total – £3,850
- proposed contributions by block – 0.0%
- contribution by block for 2008/09 – 0.0%
industry block 16
home finance providers, advisers and arrangers (excluding firms in blocks 13, 14 and 15)
- tariff basis – flat fee
- proposed tariff rate – 0
- 2008/09 tariff rate – 60
- proposed minimum levy per firm – £65
- proposed total – £470,156
- 2008/09 total – £462,060
- proposed contributions by block – 2.7%
- contribution by block for 2008/09 – 2.7%
industry block 17
general insurance mediation (excluding firms in blocks 13, 14 and 15)
- tariff basis – per £1 relevant commission income
- proposed tariff rate – 0.00016
- 2008/09 tariff rate – 60
- proposed minimum levy per firm – £75
- proposed total – £2,780,313
- 2008/09 total – £964,200
- proposed contributions by block – 15.7%
- contribution by block for 2008/09 – 5.6%
total – all blocks
- proposed total – £17,700,102
- 2008/09 total – £17,204,808