Phone-paid Services Authority is a non-profit making organisation. We are funded by a levy on providers which is collected by network operators.
From time to time our income is supplemented by additional, non-budgeted income such as bank interest and fines or administrative charges collected from Network operator and providers who breach our Code of Practice.
Such non-budgeted income is carried forward to the next financial year and is used to offset the overall cost of Phone-paid Services Authority and the cost borne by industry for funding us. Using the fines in this way reduces the cost of regulation to companies who do not breach our Code whilst ensuring that those providers who trade unfairly bear a greater proportion of regulatory cost.
Our budget is consulted on with all stakeholders each year and is approved by Ofcom, the regulator for the UK communications industry.
Click here to view the Phone-paid Services Authority levy announcement 2015/2016.
Click here to view a review of Phone-paid Services Authority's VAT status that was concluded in 2012 by HMRC.
For further information please contact Sharma Francis on 020 7940 7461 or by email at email@example.com.