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Advice we received was "up to." 2% is a more likely scenario for most but only if you have fucked up despite beyond best efforts. 4% for the stupid and negligent or just terribly unlucky. They remain terrifyingly large numbers for us irrespective of the %.
We are very directly liaising with the ICO on feedback on this. The overheads will be massive. FML for the next few years.
Aroogah
Max? I didn't see any "up to" when I was reading through, I thought it was a flat 4% per event? Have two events, two times 4%.