While all eligible schemes pay the levy, there are some exceptions:
- Schemes in assessment don’t have to pay a risk-based or scheme-based levy
- Some schemes may qualify for a levy waiver
- Some schemes may receive an invoice when they’ve ceased to be eligible
Read more about what makes a scheme eligible
How we calculate your invoice if your scheme, or part of your scheme, is in assessment
Your scheme won’t pay the levy while it’s under assessment. However, your scheme failure notice must have been issued by 31 March and already become binding by the time we calculate your invoice that year.
If only part of your scheme is in assessment, we’ll calculate a levy for the continuing part.