Claiming Back Tax on Professional Subscriptions

Claiming Back Tax on Professional Subscriptions

posted on November 4, 2017

by: Ian Marlow / 0 comments / PersonalPersonal Tax Returns

If your employment requires that you obtain and maintain membership of a professional organisation, you can make a claim to set the cost against your taxable earnings for income tax purposes. As you would expect there are a few hoops you will need to jump through to claim this relief. They are:

  • You must have the professional membership to do your job or if membership helps you with your work.
  • You can only claim back subscriptions to organisations approved by HMRC.
  • You cannot claim back fees for life membership subscriptions.
  • You cannot claim subscriptions you have not paid yourself, for example, your employer has paid them for you.

To see the full list of professional organisations and other learned societies that are approved by the tax office visit this page on the GOV.UK website:
https://www.gov.uk/government/publications/professional-bodies-approved-for-tax-relief-list-3/approved-professional-organisations-and-learned-societies

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Ian Marlow

Managing Director

Ian Marlow, an Elite Advisor for Quickbooks Online, has a passion for helping individuals and businesses in all aspects of online accounting and leads an experienced team of tax and accounting professionals.
published
4th November 2017
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