We are funded entirely from registrants’ fees. We do not receive any other income or additional funding from other sources, such as the Government.
The 2012-13 retention fee
The annual retention fee has decreased from £270 to £260.
A low income fee was introduced for the 2011-12 retention. The low income fee category is for individual profession regsitrants whose gross personal annual income from all sources is less than £12,000. The low income fee rate for 2012/13 is £160.
Regsitration fees rules:
Registration fees rules 2012-13
Registration fees rules 2011-12
Registration fees rules 2010-11
Registration fees rules 2009-10
Late application charges
Late applications cost us more money to process. The majority of registrants who get their application in on time shouldn’t have to pay for the minority who miss the deadline. That’s why registrants who miss the retention deadline have to pay an additional fee to cover those costs.
How late charges work:
Full registrants
Full registrants who fail to get their retention application, payment or both to us by the retention deadline 15 March 2012, have to pay a £20 administration charge on top of the basic retention fee.
Students
Student registrants who fail to get their retention application, payment or both to us by the retention deadline 15 July 2012, have to pay a £10 administration charge on top of the basic retention fee.