RCVS increases vet fees by 3%

At its June meeting, RCVS Council agreed a 3% increase in the registration and retention fees for 2019/20 (see table below) which will now be submitted to the Privy Council for formal approval.

Lizzie Lockett, RCVS CEO, commented: “This year we asked Council to agree a fee increase to help us prepare for unknowns such as Brexit, as well as fortify our proactive work to help support the professions.

“Over the past few years we have put increased resources into projects such as: Mind Matters, our mental health initiative; Vet Futures, our joint project with the British Veterinary Association; Vivet, our innovation hub; and our recently launched Leadership Programme. Unfortunately there has also been a rise in Disciplinary Committee hearings and we are having to allocate further funds to making our building fit for purpose, and so a small increase has been necessary.

“This still places us at the lower end of fees for regulatory bodies while providing a secure financial foundation.”

*Plus relevant amount of retention fee