(1)
Fees payable in respect of individual voluntary arrangements only

Designation of Fee

Description of fee and circumstances in which it is charged

Amount of fee or applicable %

IVA1

Individual voluntary arrangement registration fee

On the registration of an individual voluntary arrangement by the Secretary of State there is payable a fee of-

£15

IVA2

Individual voluntary arrangement - official receiver's nominee fee

For the performance by the official receiver in relation to an individual voluntary arrangement of the functions of nominee there shall be payable on the agreement of the official receiver so to act a fee of-

£300

IVA3

Individual voluntary arrangement - official receiver's supervisor fee

For the performance by the official receiver in relation to an individual voluntary arrangement of the functions of supervisor, there shall be payable, a fee calculated as a percentage of any monies realised whilst he acts as supervisor at the rate of-

15%

(2)
Fees payable in bankruptcies only

Designation of Fee

Description of fee and circumstances in which it is charged

Amount of fee or applicable %

B1

Bankruptcy - Official receiver's administration fee

For the performance by the official receiver of his general duties as official receiver on the making of a bankruptcy order, including his duty to investigate and report upon the affairs of bankrupts,  there shall be payable a fee of -

£1,715

B2

Bankruptcy - Secretary of State's administration fee (applicable to bankruptcy orders made on or after 6 April 2010)

For the performance of the Secretary of State’s general duties under the insolvency legislation in relation to the administration of the estate of each bankrupt, there shall be payable a fee calculated in accordance with the following scale as a percentage of chargeable receipts relating to the bankruptcy (but ignoring that part of the total receipts which exceeds the bankruptcy ceiling) at the rate of -

0% of the first
£2,000

100% of the   next
£1,700

75% of the next £1,500

15% of the next £396,000

1% of the remainder, subject to a maximum of £80,000

B2

Bankruptcy - Secretary of State's administration fee (ONLY APPLICABLE to bankruptcy orders made on or after 6 April 2009 up to and including 5 April 2010)

For the performance by the Secretary of State of her general duties under the insolvency legislation in relation to the administration of the estate of each bankrupt, there shall be payable a fee (up to a maximum of £80,000) calculated as a percentage of total chargeable receipts relating to the bankruptcy (but ignoring the first £2000 and that part of the total receipts which exceeds the bankruptcy ceiling and receipts which on or after 6^th April 2009 relate to an excepted bankruptcy) at the rate of -

17%

(3)
Fees payable in relation to debt relief orders

Designation of Fee

Description of fee and circumstances in which it is charged

Amount of fee or applicable %

DRO1

Application for a debt relief order – official receiver’s administration fee and costs of persons acting as intermediaries

For the performance by the official receiver of his  functions, and for the payment of an amount not exceeding £10 in respect of the costs of persons acting as approved intermediaries, under Part 7A of the Act, there shall be payable in connection with an application for a debt relief order, a fee of -

£90

(4)
Fees payable in relation to winding up by the court only

Designation of Fee

Description of fee and circumstances in which it is charged

Amount of fee or applicable %

W1

Winding up by the court - official receiver's administration fee

For the performance by the official receiver of his general duties as official receiver on the making of a winding-up order, including his duty to investigate and report upon the affairs of bodies in liquidation, there shall be payable a fee of -

£2,235

W2

Winding up by the court - Secretary of State's administration fee (applicable to winding up orders made on or after 6 April 2010)

For the performance of the Secretary of State’s general duties under the insolvency legislation in relation to the administration of the affairs of each company which is being wound up by the court, there shall be payable a fee calculated in accordance with the following scale as a percentage of chargeable receipts relating to the company at the rate of -

0% of the first £2,500

100% of the next £1,700

75% of the next £1,500

15% of the next £396,000

1% of the remainder, subject to a maximum of £80,000

W2

Winding up by the court - Secretary of State's administration fee(ONLY APPLICABLE to winding-up orders made on or after 6 April 2009 up to and including 5 April 2010)


For the performance by the Secretary of State of her general duties under the insolvency legislation in relation to the administration of the affairs of each company which is being wound up by the court, there shall be payable a fee (up to a maximum of £80,000) calculated as a percentage of total chargeable receipts relating to the company (but ignoring the first £2000 and receipts which on or after 6^th April 2009 relate to an excepted winding up) at the rate of -

17%

(5) Fees payable in both types of winding up and bankruptcies

Designation of Fee

Description of fee and circumstances in which it is charged

Amount of fee or applicable %

INV1

Investment fee on purchase or sale of government securities

For each purchase or sale of any government securities made at the request of a trustee in bankruptcy or a liquidator  in compulsory or voluntary winding up –

(a)in respect of a purchase, where the cost of the securities (including accrued interest, if any) -

(i) does not exceed £5,000, a fee of -

£50

(ii) exceeds £5,000 a fee of -

£50 plus 0.3% of the cost in excess of £5,000

(b) in respect of a sale, where the proceeds of sale of the securities (including accrued interest, if any) exceed £5,000, a fee of -

£50 plus 0.3% of the proceeds in excess of £5,000