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- Tax relief on professional subscriptions...
Monday 01 September 2008 -
Dains are informing individuals of a useful tax relief they may be entitled to. Funds paid towards subscriptions to professional bodies or learned societies may be eligible to tax relief.
HM Revenue and Customs (HMRC) have released a list of professional bodies that subscriptions to, are eligible for tax relief. The list covers a range of professional bodies across all sectors that have been approved by HMRC up to 30th May 2008.
Andy McQuillan, Tax Partner at Dains comments: “There are several different little known tax reliefs that individuals are eligible to claim. To ensure maximum tax efficiency, it is advisable to seek professional advice.”
The list can be found at http://www.hmrc.gov.uk/list3/index.htm
For further information contact Andy McQuillan at Dains on 0845 555 8844.
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