Funding Category N - Payment Institutions
How to calculate your levy
The levy consists of four parts:
- a minimum levy;
- a variable levy based on a percentage charge on the Regulatory Capital Requirement;
- a variable levy based on a percentage charge on income;
- a flat rate levy based on the number of agents
For an example of how the current funding year's levy for financial service providers in the N category is calculated please see the N calculation template.
Read more on the annual levying process.