Claim back tax
I would recommend all IBMS members claim back the tax relief on their memberships. It's simple and quick to do. The IBMS will provide your receipt on request and you can submit your tax claim online. Mine took about a week from contacting the IBMS to depositing my refund.
IBMS membership fees are approved by the HM Revenue & Customs for tax relief.
Claiming tax relief
According to the government's website, you can claim tax relief on:
- professional membership fees, if you must pay the fees to be able to do your job
- annual subscriptions you pay to approved professional bodies or learned societies if being a member of that body or society is relevant to your job
For further information, visit Gov.uk
Who can claim?
All IBMS members that are UK taxpayers can claim tax relief on their IBMS membership fees.
If this is your first time claiming tax relief, you can claim for the current tax year and include a backdated claim for the previous four tax years.
Find out how much you've paid in membership fees
Find information on IBMS fees from 2018 - 2022.
If you are still unsure and would like confirmation of membership fees that you have paid to the IBMS please email the Membership Team at subs@ibms.org or call +44 (0)20 7713 0214.
As a guide, members who are UK taxpayers can claim up to 20% of their IBMS membership fees.
Where to send your claim form
Please send your claim form to HMRC, not to the IBMS.
How much will you receive
This is dependent on a number of factors, including how much your membership fees cost and your tax situation.
For basic rate taxpayers, the real cost of membership of the IBMS is:
| 2022 | Discounted Subscriptions | Standard Subscriptions | ||
| Membership Grade | Only for annual Direct Debit payers | Allowance claimable (shown at basic tax rate) | Standard subscription | Allowance claimable (shown at basic tax rate) |
| Fellow | £175 | £35 | £180 | £36 |
| Member | £142 | £28.40 | £147 | £29.40 |
| Licentiate | £101 | £20.20 | £106 | £21.20 |
| Associate | £54 | £10.80 | £59 | £11.80 |
| eStudent | N/A | N/A | N/A | N/A |
| Retired | £37 | £7.40 | £42 | £8.40 |
For information for years prior to 2021, download our membership fees form for 2018 to 2022.
Claim tax relief on your HCPC registration fees
UK taxpayers can claim back tax on their HCPC renewal fees every year. If you pay tax at the standard rate of 20 per cent, you can to claim around £19 back on your one-year £98.12 renewal fee.
Visit the HCPC website for more details.