How much does it cost?
An Application Fee of £300 plus VAT should accompany an Application for Membership.
Following admission to Membership, an invoice will be issued for the current subscription year on a pro-rata basis and thereafter on an annual basis in respect of the Membership Subscription plus a levy on turnover as noted below. These rates, which are approved at the Annual General Meeting of the Association, are as follows:
Membership Subscription 2010
Member (with the right to nominate one Principal Representative) £220 + VAT
For each additional or Associate Representative £120 + VAT
Turnover Levy 2010
Subject to a minimum turnover levy of £212 plus VAT
0.1980% on first £500,000
0.1000% on next £1,000,000
0.0150% on next £5,000,000
0.0090% on next £43,500,000
Example (minimum subscription)
For members not contributing to the Holiday Welfare Credit Scheme)
Firm with a turnover up to £101,010 per annum would pay a total of:
- Subscription of £220.00
- Levy @ 0.1980% £212.00
- Training & Development Levy 25% £ 108.00
Total £540.00 plus VAT
Example (minimum subscription)
For members contributing to the Holiday Welfare Credit Scheme)
Firm with a turnover up to £101,010 per annum would pay a total of:-
- Subscription £220.00
- Levy @ 0.1980% £212.00
- Training & Development Levy -
Total £432.00 plus VAT
NOTE: MEMBERS CONTRIBUTING TO THE HOLIDAY WELFARE CREDIT SCHEME DO NOT PAY THE ADDITIONAL 25% TRAINING & DEVELOPMENT LEVY ON THE COMBINED SUBSCRIPTION AND TURNOVER LEVY.
