Subscription Fees: turnover greater than £2.5M
Subscription Fees: turnover greater than £2.5M
Subscriptions must be paid on the applicant’s total applicable relevant turnover. Relevant turnover is defined here.
A membership year runs from the 1st January.
Except for bands two and three a subscription is calculated on a scale based on the band in which the applicant’s turnover falls, calculated as a minimum payable on turnover up to the bottom of the band plus an increment payable per £1,000 of turnover (or part thereof) over the bottom of the band. Bands two and three are a fixed fee.
Subscription rates for 2012 are:-
| Band | Turnover in last financial year |
Minimum | Rate per £1,000 of turnover over bottom of band |
|---|---|---|---|
| 2 | Over £2,500,001 | £2,995 | Not applicable |
| 3 | Over £4,500,000 | £4,995 | Not applicable |
| 4 | Over £9,000,000 | £13,630 | £0.875 per £’000 over £9m & pro rata |
| 5 | Over £18,000,000 | £21,505 | £0.625 per £’000 over £18m & pro rata |
| 5a | Over £34,000,000 | £31,505 | £0.425 per £’000 over £34m & pro rata |
NB (1): All subscriptions are subject to VAT
NB (2): 50% discount on learned journal turnover (For definition refer to our 
Subscription Rules 2012)
NB (3): Publishers joining during the second half of the year pay pro rata on the full subscription fee