Professional fees tax relief
If the kind of work you do means you’re paying regular fees or subscriptions to professional bodies or unions, there’s a good chance you’re owed some tax back from HMRC. WorkCostsR4U can handle all the hassle and paperwork of claiming your professional fee tax relief, and get your cash back fast. Here’s what you need to know:
What can I claim for?
Can I claim tax relief on professional fees?
If you need to sign up to a union or other professional body to do your job, then you could have a tax refund to claim for your expenses. In the taxman’s language, many of those professional subscriptions are “tax deductible”.
A professional fee tax rebate doesn’t mean getting your entire fee refunded, of course. What you’ll get back will be the tax portion of what you’ve paid. In most cases, that means 20% of it goes back in your pocket.
Which fees will make up my claim?
Which fees count for professional subscriptions tax relief?
Not every penny you spend on fees will necessary count as a professional subscription tax deduction. However, HMRC has a very long list of approved organisations, so if your subscription is either essential or very helpful to your work, there’s an excellent chance you can claim for it.
There are a couple of little wrinkles in the rules to watch out for, though. Most importantly, you really do have to be paying the fees yourself for them to count as professional subscriptions tax deductions. If your employer’s footing the bill for them, don’t expect the taxman to cough up any cash. Lifetime memberships won’t count toward your tax refund, either.
WorkCostsR4U always keeps up to date on which fees and subscriptions count for tax relief. With our help, you’ll never miss out on the money you’re owed.
How can I claim?
How can I claim for my professional fees?
The first thing to do is get in touch with WorkCostR4U. With just a few bits of information, we’ll quickly be able to tell you how much tax you’re owed back. We can take care of all the paperwork for you, and get your refund in your pocket fast.
Remember, you can claim back any tax you’re owed for up to 4 years, so you don’t have to lose out if you haven’t claimed before. If you work from home or have expenses like uniform upkeep to claim for as well, you could easily be owed hundreds of pounds per year!