Industry Funding Levy Information for Home Reversion Firms/Retail Credit Firms 

Funding Category M1 - Retail Credit Firms

How to calculate your levy

The levy consists of two parts:

  • a minimum levy; and
  • a variable levy based on a percentage charged on the value of outstanding loans, as at 31 December 2011, as declared to the Central Bank.

For an example of how the current funding year's levy for financial service providers in the M1 category is calculated please see the  M1 calculation template.

 

Funding Category M2 - Home Reversion Firms

How to calculate your levy

The levy consists of two parts:

  • a minimum levy; and
  • a variable levy based on a percentage charged on income as at 31 December 2011, as declared to the Central Bank.

For an example of how the current funding year's levy for financial service providers in the M2 category is calculated please see the  M2 calculation template.

 

Read more on the annual levying process.