Status: You are viewing the version of the handbook as on 2018-01-03.

annual eligible income

    15(in FEES 50 ) (in relation to a firmand a class)94 59 the annual income (as described in 27 FEES 6 Annex 3 R 59 ) for the firm's last financial year27 ended in the year to 31 December50 preceding the date for submission of the information under 27FEES 6.5.13 R2720 attributable to that59 class 94. A firm must calculate annual eligible income from such annual income in one of the following ways:59

      1. (a) only include such annual income if it is attributable to business conducted with or for the benefit of eligible claimants and is otherwise attributable to compensatable business; or59
      1. (b) include all such annual income.59