How are we funded?
The Statutory Levy
All LMCs are funded by a statutory levy. This amount is collected from practices and is based on an amount per patient. This is reviewed annually. It is currently set at 38.8p.
This money funds the office and officers of the LMC. It also funds the representative committees with representatives being paid per attendance and reimbursed travel expenses.
The Voluntary Levy
This is a separate levy which is collected to fund the National Negotiating Committee (GPC) and the GP Defence Fund (GPDF) and supports national negotiations regarding General Practice. This rate is set by the GPDF and is also based on an amount per patient. It is currently set at 6.5p.