Home FCA Handbook FEES FEES 7C FEES 7C Annex 1R TPR SFGB money advice levy for the period from 1 April 2025 to 31 March 2026
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FEES 7C Annex 1R TPR SFGB money advice levy for the period from 1 April 2025 to 31 March 2026

01/07/2025R

This table shows the TPR SFGB money advice levy applicable to each activity group (fee-block).

Activity groupTPR SFGB money advice levy payable
Part 1 TP firms
A.1Band Width (£ million of Modified Eligible Liabilities (MELs))Fee (£/£m or part £m of MELs)
>101.276
A.2Band Width (no. of mortgages and/or home finance transactions)Fee (£/mortgage)
>500.677
A.3Gross written premium for fees purposes (GWP 
Band Width (£ million of GWP)Fee (£/£m or part £m of GWP)
>0.520.89
PLUS 
Best estimate liabilities for fees purposes (BEL) 
Band Width (£ million of BEL)Fee (£/£m of part £m of BEL)
>11.38
A.4Gross written premium for fees purposes (GWP) 
Band Width (£ million of GWP)Fee (£/£m or part £m of GWP)
>111.69
PLUS 
Best estimate liabilities for fees purposes (BEL) 
Band Width (£ million of BEL)Fee (£/£m or part £m of BEL)
>10.927
A.7For class 1(C), (2), (3) and (4) firms: 
Band Width (£ million of Funds under Management (FuM))Fee (£/£m of part £m of FuM)
>100.105
Class 1(A), (B) and (C) firms are defined in FEES 4 Annex 1AR.
A.9Band Width (£ million of Gross Income (GI))Fee (£/£m of part £m of GI)
>1118.00
A.10Band Width (no. of traders)Fee (£/trader)
>1184.09
A.13For class (2) firms 
Band Width (£ thousands of annual income (AI))Fee (£/£ thousand or part £ thousand of AI)
>1000.0643
For a professional firm in A.13 the fee is calculated as above less 10%.
A.14Band Width (£ thousands of annual income (AI))Fee (£/£ thousand or part £ thousand of AI)
>1000.0272
A.18Band Width (£ thousands of Annual Income (AI))Fee ((£/£ thousand or part £ thousand of AI)
>1000.174
A.19Band Width (£ thousands of Annual Income (AI))Fee (£/£ thousand or part £ thousand of AI)
>1000.0223
CC.2Minimum fee (£)10
£ thousands of annual income (AI)Fee (£/£ thousand or part £ thousand of AI
>2500.1055
Part 2 TA PI firms and TA RAISP firms
G.3Minimum fee (£)10
£ thousands or part £ thousand of Relevant IncomeFee (£/£thousand or part £ thousand of Relevant Income)
>1000.0170
Part 3 TA EMI firms
G.10Minimum fee (£)10
£ million or part £m of average outstanding electronic money (AOEM)Fee (£/£m or part £m of AOEM)
>5.01.60
  
  
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 £10.

(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.