1The amount payable for a particular activity group is calculated as follows:
calculate the size of the firm’s tariff base for the activity group using:
exclude best estimate liabilities for fees purposes in the calculation for fee-block A4;
use the figure in (1) to calculate the levy applicable for each band in FEES 7C Annex 3R;
add together the sums for each applicable band under (2);
the amount in (3) is the amount payable by the firm for that activity group.
it has reasonable grounds for believing that the costs of identifying its UK business separately from its non-UK business in the way described in Part 3 of FEES 4 Annex 1AR are disproportionate to the difference in fees payable; and
it notifies the FCA in writing at the same time as it provides the information concerned under FEES 7C.4.4R(1), or, if earlier, at the time it pays the TPR SFGB pensions guidance levy applicable to it.
for a firm which has not complied with FEES 7C.4.3R(1) for this period, the TPR SFGB pensions guidance levy is calculated using (where relevant) the valuation or valuations of business applicable to the previous period, multiplied by the factor of 1.10.