The PCF varies by band of income barristers fall within. Please see below.
| Band | Income Band | 2024 Fees |
| 1 | £0 - £35,000 | £109.50 |
| 2 | £35,001 - £60,000 | £291 |
| 3 | £60,001- £90,000 | £585 |
| 4 | £90,001 - £150,000 | £1,064 |
| 5 | £150,001 - £240,000 | £1,616 |
| 6 | £240,001 - £350,000 | £2,191 |
| 7 | £350,001 - £500,000 | £2,341 |
| 8 | £500,001 - £750,000 | £2,961 |
| 9 | £750,001 - £1,000,000 | £3,133 |
| 10 | £1,000,001 - £1,500,000 | £3,553 |
| 11 | £1,500,001 and over | £3,760 |
A self-employed barrister must use the same gross fee income figure you have or will be providing to BMIF for your 2024 renewal, less any proportion attributed to acting as an Umpire, Mediator or Arbitrator (entered against Code O from the BMIF form). For clarity this will be the total fees you received (your Gross Fee Income) from practice at the Bar (without VAT) during the last calendar year, 1 January 2023 to 31 December 2023.
If you have been asked by BMIF to provide projected income for their 2024 renewal, do not include any projected income for the purposes of our declaration. You are only required to provide your actual gross fee income as set out above.
An employed barrister must declare the income band appropriate to their gross earnings for the tax year ending 5 April 2023. Gross earnings would be taken before any salary sacrifice or deduction of pension contributions. You will need to aggregate your earnings from:
- Employment
- Partnership
- Director fees
- Dividends (where arising from your services as a barrister)
For dual capacity i.e. as both an employed and a self-employed barrister, then you should aggregate your gross income under each separate status according to the rules for that status.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article