Every year there are deadlines for the submission of information that is used in the levy calculation and listed below. We strongly encourage schemes to contact D&B about their sponsoring employers’ failure scores, and to begin work on risk reduction measures and the related voluntary certificates, at the earliest opportunity.
2011/12
The following deadlines apply for the 2011/12 levy year:
- 5pm on 30 March 2010 for providing information to D&B regarding sponsoring employers’ failure scores
- 5pm on 31 March 2010 for updating Exchange with levy-related information (except where set out below)
- 5pm on 30 June 2010 for final certification of partial block transfers that have taken place up to and including 31 March 2010.
- 5pm on 31 March 2011 for certification/re-certification of contingent assets
- 5pm on 7 April 2011 for deficit reduction contributions
- 5pm on 30 June 2011 for final certification of full block transfers that have taken place up to and including 31 March 2011.
2012/13
The following key dates apply for the 2012/13 levy year.
31 March 2011 – We will use information from annual scheme returns submitted via Exchange by this date to set the levy scaling factor for the first three years.
Between April 2011 and March 2012 - Employer insolvency scores as at the last working day of each month, will be used to calculate average insolvency risk.
The relevant dates for 2012/13 are:
- 28 April 2011
- 31 May 2011
- 30 June 2011
- 29 July 2011
- 31 August 2011
- 30 September 2011
- 31 October 2011
- 30 November 2011
- 30 December 2011
- 31 January 2012
- 29 February 2012
- 30 March 2012
5pm on 30 March 2012 is the new deadline for updating Exchange with levy-related information for the 2012/13 levy (except where set out below). This information will be used to calculate your individual levy bills.
- 5pm on 30 March 2012 for certification/re-certification of contingent assets
- 5pm on 10 April 2012 for deficit reduction contributions
- 5pm on 29 June 2012 for final certification of full block transfers that have taken place up to and including 31 March 2012.