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Courts to charge issue fees of 5% of claim value

Overview

The Government announced on Friday (16 January) that it will go ahead with its proposal to introduce percentage issue fees for money claims over £10,000, calculated as 5% of the value of the claim subject to a cap of £10,000.


Issue fees currently range up to £1,920 for claims of more than £300,000, so the new fees will mean a fivefold increase for claims at that level.


Click 'View Briefing' to read more from Herbert Smith Freehills.


 

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