|Professional bodies approved for tax relief||INCOME TAX|
Many professionals such as accountants, lawyers and health professionals are required to make a subscription to a professional body or learned society. HMRC has recently published an updated list of the organisations that they will accept as valid professional bodies. This list is updated from time to time and the most recent update lists all approved bodies as at 28 February 2017.
A statutory fee or contribution shown in the list is an allowable expense where employees:
An annual subscription to a body shown in the list as approved by HMRC is allowable where:
The activities of a body are directly relevant to an employment where the performance of the duties of that employment: