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You are viewing the version of the document as on 2022-01-01.

Timeline guidance

FEES 13A.1 Application and purpose


FEES 13A.1.1 R

1This chapter applies to every TP person carrying on an activity which would fall within activity group CC2 (Credit-related regulated activities).


FEES 13A.1.2 R

1The purpose of this chapter is to set out the requirements on the persons listed in FEES 13A.1.1R to fund the costs of taking action against illegal money lending. For the avoidance of doubt, such persons also include supervised run-off firms.

FEES 13A.1.3 G

1 Section 333S of the Act (Financial assistance for action against illegal money lending) provides that the Treasury may make grants or loans, or give other forms of financial assistance, to persons for the purpose of taking action against illegal money lending.

FEES 13A.1.4 G

1 Section 333T of the Act (Funding of action against illegal money lending) requires the Treasury to notify the FCA of the amount of the Treasury’s illegal money lending costs. The FCA must make rules requiring authorised persons, or any specified class of authorised persons, to pay to the FCA the specified amounts or amounts calculated in a specified way, with a view to recovering the amounts notified to it by the Treasury.

Regulations 28 and 34 of the EU Exit Passport Regulations provide that supervised run-off firms are treated as having Part 4A permission or a variation to the permission.

FEES 13A.1.5 G

1FEES 13A sets out the rules referred to in FEES 13A.1.4G.

FEES 13A.2 Obligation to pay the IML levy

FEES 13A.2.1 R

1A TP person must pay the TPR IML levy applicable to it:

  1. (1)

    in full and without deduction by 1 August (or, if later, within 30 days of the date of the invoice) in the financial year to which the sum relates; and

  2. (2)

    in accordance with the rules in this chapter.

FEES 13A.2.1A G

2Schedule 6A to the Act sets out a procedure to enable the FCA to cancel or vary the Part 4A permission of a person who it appears to the FCA is not carrying on a regulated activity. Paragraph 5 of that schedule sets out a procedure for annulment of cancellation or variation of Part 4A permission in specified circumstances. Where the FCA grants an application for annulment, paragraph 6 of Schedule 6A sets out its effect. In particular, the cancellation or variation of Part 4A permission is treated as if it had never taken place. As a result of the effect of annulment under Schedule 6A, the TPR IML levy in relation to the period during which the person’sPart 4A permission was cancelled or varied applies to the person.

FEES 13A.2.1B R

2Where the FCA grants a person’s application for annulment of a cancellation or variation of Part 4A permission under Schedule 6A to the Act and the person falls within FEES 13A.2.1R and the annulment takes effect after 1 August or after the invoice referred to in FEES 13A.2.1R(1) has been issued, then the date for payment referred to in FEES 13A.2.1R(1) does not apply, but the person must pay the TPR IML levy applicable to it in full and without deduction, on the date on which the annulment takes effect.

Calculation of the TPR IML levy

FEES 13A.2.2 R

1The TPR IML levy is calculated as follows:

  1. (1)

    identify whether activity group CC2 applies to the business of the TP person for the relevant period (for this purpose, the activity group is defined in accordance with Part 1 of FEES 4 Annex 1AR);

  2. (2)

    calculate the amount payable in accordance with FEES 13A Annex 1R;

  3. (3)

    a TP person in activity group CC2 must calculate its tariff base using the annual income calculation in Part 3 of FEES 4 Annex 1AR and FEES 4 Annex 11BR (including only business undertaken from a branch in the UK) and the valuation date requirements in Part 5 of FEES 4 Annex 1AR.

FEES 13A.2.3 R

1For the purposes of FEES 13A.2.2R:

  1. (1)

    a TP person may apply the relevant tariff bases and rates to its non-UK business, as well as to its UK business, if:

    1. (a)

      it has reasonable grounds for believing that the costs of identifying the TP person’s UK business separately from its non-UK business in the way described in Part 3 of FEES 4 Annex 1AR and Part 3 of FEES 4 Annex 11R are disproportionate to the difference in fees payable; and

    2. (b)

      it notifies the FCA in writing at the same time as it provides the information concerned under FEES 13A.2.2R(3), or, if earlier, at the time it pays the TPR IML levy concerned.

  2. (2)

    for a TP person which has not complied with FEES 13A.2.2R(3) for this period, the TPR IML levy is calculated using (where relevant) the valuation or valuations of business applicable to the previous period, multiplied by the factor of 1.10.

TPR IML levy commencement

FEES 13A.2.4 R

1The TPR IML levy under FEES 13A relate to the whole of any fee year and are due for payment from the commencement of the fee year. Any payment made under FEES 13A.2.1R is not refundable.

FEES 4 rules incorporated into FEES 13A by cross-reference

FEES 13A.2.5 G

1The Handbook provisions relating to the TPR IML levy in FEES 13A are meant to follow closely the provisions relating to the payment of the periodic fees in FEES 4. In the interests of brevity, not all of the provisions in FEES 4 are set out again in FEES 13A. In some cases, certain FEES 4 rules are applied to the payment of the TPR IML levy by individual rules in FEES 13A. The rest are set out in the table in FEES 13A.2.7R.

FEES 13A.2.6 R

1The rules set out in the table in FEES 13A.2.7R and any other rules in FEES 4 included in FEES 13A by cross-reference apply to the TPR IML levy in the same way as they apply to periodic fees payable under FEES 4.

FEES 13A.2.7 R

1Table of rules in FEES 4 that also apply to FEES 13A to the extent that in FEES 4 they apply to fees payable to the FCA

FEES 4 rules incorporated into FEES 13A


FEES 4.2.4R

Method of payment

FEES 4.2.10R

Extension of time

FEES 4.3.7R

Groups of firms

FEES 4.3.17R

Firms acquiring businesses from other firms

FEES 13A Annex 1R 1TPR illegal money lending (IML) levy for 2021/22


Activity group


Fee (£)

Activity group CC2. Credit-related regulated activities:

Up to £250,000 consumer credit income:


Over £250,000 consumer credit income:

10 1 + £0.240 1 per £1,000