Updated list of professional subscriptions - News Article Brentwood : Tiffin Green

Updated list of professional subscriptions

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

For a free consultation call 01277 224422 or email enquiries@tiffingreen.co.uk


Call 01277 224422 or email enquiries@tiffingreen.co.uk

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 have 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-bodies

ICAEW 2020 Consulting Group