07 Dec 2023

We set our budgets before the renewal period – how can I find out what it will be?

You should be able to calculate your fee based on the set percentages for your sector (with the exception of minimum fee payers) and your declared invoice sales value for the previous year.

For illustration purposes only:
A cheese processor declared £4,000,000 invoice sales value for Red Tractor claimed product.
The prevailing % for the Livestock sector is 0.05%.
£4,000,000 x 0.05% = £2,000 licence fee

If you need confirmation, please contact our Licensing partnership team: