The PPF levy ceiling for the 2015/16 financial year has been fixed by statutory instrument laid before Parliament on 2 February 2015. The overall PPF levy ceiling for the financial year beginning on 1 April 2015 will rise from £941,958,542 to £947,610,293, in line with the 0.6 per cent increase in earnings for the period from 1 August 2013 to 31 July 2014.