Schedule 3, Part 2, paragraph 10(5)

The “multiplication factor” is the sum of— 10% of the first 2,500,000 euros of the relevant indicator; 8% of the next 2,500,000 euros of the relevant indicator; 6% of the next 20,000,000 euros of the relevant indicator; 3% of the next 25,000,000 euros of the relevant indicator; and 1.5% of any remaining amount of the relevant indicator.

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Source: legislation.gov.uk · retrieved 2026-09-04