Fee calculator 2017/2018

23 June 2017

This calculator will help you determine your firm's 2017/18 periodic fee and the practising certificate or registration fees of any individuals opted in to your firm. Please note, that this will not calculate the fees for the authorisation of new firms.

To calculate the 2017/18 periodic fee, we will take the turnover figure declared on the 2016/17 application which will be based on the last closed accounts prior to 31 October 2016 (e.g. Apr 2015 – Mar 2016).

Authorised Signatories and Organisation Contacts can view the information submitted last year in the Summary Sheet saved in the "My Documents" section of their mySRA account.

Information entered below is not submitted to or stored by the SRA.

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Enter information in the fields below and click Calculate. To change firm information and re-calculate, click Change firm information, re-enter firm information and click Calculate.

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Enter the number of individuals with a practising certificate (PC). These will be charged at £290 plus a contribution of £40 to the compensation fund per PC holder.

Enter the number of solicitors/RELs/RFLs whose maternity leave or period of leave equivalent to statutory maternity leave starts and ends between 01/11/2017 and 31/10/2018 or who are on maternity leave at the time of applying. These will receive a 50 per cent discount on the individual regulatory fee (excluding an application handling fee of £48).

A registered European lawyer (REL) is an individual registered with the Solicitors Regulation Authority under regulation 17 of the Establishment Directive Regulations. These will be charged at £290 plus a contribution of £42 to the compensation fund per REL.

A registered foreign lawyer (RFL) is an individual registered with the Solicitors Regulation Authority under section 89 of the Courts and Legal Services Act 1990. These will be charged at £290 plus a contribution of £40 to the compensation fund per RFL.

RFLs based mainly outside of England and Wales will have a reduced individual fee of £100 plus a contribution of £40 to the compensation fund. 'Mainly' means that more than 50 per cent of the individual's practice is outside of England and Wales.

UK firms with branches outside England and Wales will be charged a flat fee in relation to each foreign branch. The flat fee will be £200 per foreign branch.

For practice in England and Wales, 'client money' is defined in rule 12 of the Solicitors' Accounts Rules 2011 as follows:

All money held or received in the course of practice falls into one or other of the following categories:

  • (a) 'client money' – money held or received for a client or as trustee, and all other money which is not office money; or
  • (b) 'office money' – money which belongs to the solicitor or the practice.

For practice outside England and Wales, client money (overseas practice) is defined in the SRA Handbook Glossary 2012 as:

'…money received or held for or on behalf of a client or trust (but excluding money which is held or received by a multi-disciplinary practice - a licensed body providing a range of different services - in relation to those activities for which it is not regulated by the SRA)'.

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