The following figures are for 2020: 

Significant External Costs 

The largest single cost item was the levy towards the running costs of the Legal Services Board (LSB) which was £64,844 (2019: £63,273).

In addition £5,000 (2019: £5,000) was paid towards the running costs of the Legal Ombudsman.

N.B. The LSB accounting year is to 31 March. The expense shown in IPReg's operating results each year is made up of two levy years, pro-rated as applicable. The indicative levy for the year 2021/2022 is £67,426. 

Remuneration 

Details of the 2021 remuneration rates for the Board can be found here.  Also included is the IPReg Travel Subsistence Policy.

The Chair’s remuneration for 2020 was £35,908.

The CEO’s remuneration for 2020 was £79,286 (3 days a week).

Expenditure v Budget

We publish an annual comparison of our actual expenditure against our budget. This can be found within our (next) Annual Budgets page.