News

Remuneration rates

May 17, 2017

Remuneration is a payment made to you from the adult's estate to compensate you for your actings as guardian. This is calculated by us on the approval of your account.

The amount of remuneration we set will depend on the value of the adult's estate at the start of the accounting period. See our leaflet for more information on remuneration.

The following rates will apply for accounts due and lodged after 1st April 2017:

Capital Value of Estate* Remuneration as % of Value Min
Award
Max
Award
First accounts:
£0 to £100,000 3.75% £600 £3,750
£100,001 to £250,000 3.25% £3,750 £8,125
£250,001 to £500,000 2.25% £8,125 £11,250
£500,001 to £750,000 2.00% £11,250 £15,000
£750,001 to £1,000,000 1.75% £15,000 £17,500
£1,000,001 and above 1.50% £17,500 £19,500
Second and Subsequent accounts:
£0 to £100,000 3.25% £600 £3,250
£100,001 to £250,000 2.75% £3,250 £6,875
£250,001 to £500,000 2.00% £6,875 £10,000
£500,001 to £750,000 1.75% £10,000 £13,125
£750,001 to £1,000,000 1.50% £13,125 £15,000
£1,000,001 and above 1.25% £15,000 £19,500

                                                                                                                                             
*The capital value of the estate excludes heritable property which the adult is currently living in or where the adult mostly lived