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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