For some professional organisations, members can claim tax relief on fees or subscriptions.
List 3 shows all organisations whose members qualify for a tax deduction on professional fees and subscriptions pertaining to that organisation.
The list is updated periodically and includes all bodies approved by the commissioners for HMRC. The last update was on 28 October 2019.
There have been five additions to the list:
• British Association of Sport Rehabilitators and Trainers (BASRaT), with effect from 6 April 2019 • Society of Later Life Advisers (SOLLA), with effect from 6 April 2019 • The Pyramus and Thisbe Club (PTC), with effect from 6 April 2019 • The Security Institute (SI), with effect from 6 April 2019 • Vantage 10 Panel of Mediators and Experts (V10PME), with effect from 6 April 2019
These two amendments have been made:
• ‘Art Historians Association of’ to ‘Association for Art History’ •
‘Security Industry Authority (relief is due S343 ITEPA 2003 for the fee payable for a licence which lasts 3 years – relief is due in full for the year the fee is paid)’ to ‘Security Industry Authority (relief is due under s343 ITEPA 2003 for the fee payable for licences that last 1 year and 3 years – relief is due in full for the year the 3 year licence fee is paid)’.
Professional organisations can apply for approval for tax relief using form P356.
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Expenses and benefits – trivial benefits: Webinar from HMRC 1 November 2019
HMRC is running a webinar surrounding the complexities of trivial benefits and whether or not they need to be reported.
The session is scheduled at 11:00 on Monday 4 November and aims to cover a range of topics, such as defining what a trivial benefit is and what employers are responsible and not responsible for reporting, to assist businesses in the correct procedures surrounding trivial benefits.
The Gov.UK website also offers further useful information surrounding benefits – both trivial and on benefits and expenses in general.
CIPP Payroll training courses
Browse a complete list of all our payroll industry training courses or visit the payroll training calendar to view by date.
The CIPP's training course portfolio offers a wide range of courses across many topics and levels; ensuring that whatever your training needs - there will be something to suit you and/or your organisation.
In addition to our public course delivery, we can also provide you with a tailored in-house delivery of most training courses - click here to find out more.
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The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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