Tax Relief On Professional Fees And Subscriptions

Employees are allowed to claim tax relief on their annual professional fees or subscriptions to some HMRC approved professional organisations.

The costs are tax deductible generally where the individual must have membership to do their job or it is helpful for their work. Where the fees are paid by the individual’s employer this will not generally result in a benefit in kind charge.

HMRC has updated the list of approved bodies which also includes not only details of the professional bodies that are approved but details of qualifying annual subscriptions for journals.

Internet link: GOV.UK professional subscriptions

Let’s start a conversation 

    Subscribe me for updates and news from In Accountancy

    Related articles

    How can we help?

    If you’re looking for support – whether it be with your Tax or Accounting, simply fill in the form to the right and we’ll be in touch as soon as possible!

     

    Let’s start a conversation 

      Subscribe me for updates and news from In Accountancy

      IN-Accountancy
      Privacy Overview

      This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.