Bar Council Annual Report 2016-17

Finances

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Finances

The Bar Council and the regulator, the Bar Standards Board (BSB), share Practising Certificate Fee (PCF) income, but have their own independent sources of income upon which they depend. In 2016-17, Bar Council’s total funding (excluding the BSB) was £5.3m, 1.1 per cent higher than 2015-16.  

This comprised of:

  • PCF: £3.24m*
  • Charges for services: £1.1m
  • Bar Representation Fee (BRF): £0.95m

*The total PCF income of £10.9m (minus £0.7m levy for the Legal Services Board and the Legal Ombudsman) was divided between Bar Council (32 per cent) and BSB (68 per cent).

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The cost of the PCF for each barrister for 2016-17 was £641. Of that, £202 went to the Bar Council (£205 for 2015-16) and £439 to the BSB (£427 for 2015-16).

These figures relate to the PCF collected in March 2016 for the 2016-17 financial year. The PCF collected in March 2017, which includes the 12% fee rise associated with the defined pension scheme funding, will be reported in 2018.

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The Bar Council’s other funding includes:

Bar Representation Fee (BRF)

Income from the BRF was up 10 per cent in 2016-17 compared with 2015-16. BRF funding is used to extend and increase the Bar Council’s vital work in representing the Bar’s interests, as well promoting the Bar Council’s wider strategic aims.

Services to the profession

Income from services to the profession was £1.1m, down 2.1 per cent on 2015-16. This income is used to support the Bar Council’s representative activities.

BSB

Total BSB funding for 2016-17 was £8.4m, down 3 per cent on 2015-16. The BSB’s non-PCF funding, which is only applied to its regulatory work, includes:

  • Inns Subvention of £0.25m, and
  • Income from regulatory fees and charges of £1.2m

Number of Bar Council and BSB employees per salary band in 2016-17

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The Bar Council
289-293 High Holborn
London
WC1V 7HZ
 

☎ Contact

Luke Robins-Grace
Senior Public Affairs and Communications Advisor
0207 630 4689

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