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[F1[F29. This table relates to Master Trust schemes for the financial year beginning with 1st April 2025—E+W+S
| Number of members on the reference day | Amount of levy calculated by reference to the number of members (M) | Minimum amount of levy |
|---|---|---|
| 2 to 11 | £36 | |
| 12 to 99 | £3.56 multiplied by M | Not applicable |
| 100 to 999 | £2.57 multiplied by M | £353 |
| 1,000 to 4,999 | £2.01 multiplied by M | £2,568 |
| 5,000 to 9,999 | £1.52 multiplied by M | £10,048 |
| 10,000 to 499,999 | £1.07 multiplied by M | £15,199 |
| 500,000 or more | £0.81 multiplied by M | £534,999.]] |
Textual Amendments