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SBH  
#1 Posted : 29 December 2011 10:11:34(UTC)
Rank: Super forum user
SBH

In a nutshell if we pay the professional fees to IOSH can we claim back tax relief and if yes how is this done and how many years can we go back?

SBH
HSSnail  
#2 Posted : 29 December 2011 10:18:46(UTC)
Rank: Super forum user
HSSnail

SBH

I have been luck that my employer has paid my fees for the last few years but before that I used to claim the tax relief. Look on the open gov web site there should be a form. In the bad old days you could just ring them up!

Not sure if you can back date your claims. Good luck.
firesafety101  
#3 Posted : 29 December 2011 11:52:57(UTC)
Rank: Super forum user
firesafety101

I include all my professional fees in my outgoings and allow the going rate for income tax off the total.

Accountant told me to do that and revenue and customs don't seem to mind.
Graham Bullough  
#4 Posted : 29 December 2011 12:05:51(UTC)
Rank: Super forum user
Graham Bullough

Some years ago some of us in IOSH learned that tax relief was available to those of us who paid our own IOSH membership fees and were also able to reclaim the tax element of the fees we had paid for the previous 5 (possibly 6) years. After we did this HM Revenue & Customs (HMRC) assumed that we remained as members and therefore included professional membership of IOSH when calculating our annual tax codes. Recipients of notices of tax codings from HMRC are no doubt obliged to inform HMRC of any changes (e.g. changes to or cessation of membership) which would affect their codings.

I'm not sure how HMRC knows what fees are paid by members of professional bodies, so can only guess that there is some sort of updating arrangement between HMRC and such bodies. Please can anyone in the IOSH membership dept advise about this aspect?

As regards claiming back tax on fees for previous years, it's best to check with HMRC as the rules may have changed in recent years.
wood1e  
#5 Posted : 29 December 2011 12:29:18(UTC)
Rank: Forum user
wood1e

I for many years filed a tax return due to IR requirement over expenses exceeding a threshold. In recent years the revenue have been making an allowance on my PAYE coding notice for professional subscriptions.
So it would appear after filing for it for a couple of years it is then added by default to your tax code now l.
Always worth claiming every penny they get more than enough every month.
pete48  
#6 Posted : 29 December 2011 12:36:28(UTC)
Rank: Super forum user
pete48

In a nutshell, yes. You are entitled to set the cost of fees against your taxable income as long as you have paid them and not your employer . Thus you owe no income tax on the amount of your annual subs. How you get that relief rather depends on how you file your returns.
see this HMRC page for further info.

http://www.hmrc.gov.uk/incometax/relief-subs.htm


p48
wjp62  
#7 Posted : 29 December 2011 13:18:17(UTC)
Rank: Forum user
wjp62

In answer to how far back you can go the following information has been taken from the HMRC website

Time limits for getting tax relief
The time limits for asking for tax relief for your expenses are shown in the table below.

Time limits for getting tax relief if you don’t complete a tax return

Tax year Tax year ended on You must claim by:
2005-06 5 April 2006 31 January 2012
2006-07 5 April 2007 31 March 2012
2007-08 5 April 2008 5 April 2012
2008-09 5 April 2009 5 April 2013
2009-10 5 April 2010 5 April 2014
2010-11 5 April 2011 5 April 2015

http://www.hmrc.gov.uk/incometax/how-to-get.htm#2
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