Reclaim your tax

Reclaim your tax

The Royal Pharmaceutical Society is an HMRC approved (List 3) professional body. If you are a UK taxpayer, the fee you pay for your membership may be tax-deductible (eligible for tax relief)1

Higher rate taxpayers2    

Fee paid

 

 

Net cost

 

 

Tax relief (savings)

Member (standard fee)    

£192

 

 

£116

 

 

£76

Member (annual Direct Debit)    

£182

 

 

£110

 

 

£72

 

Lower rate taxpayers2    

Fee paid

    

Net cost

    

Tax relief (savings)

Member (standard fee)    

£192

    

£154

    

£38

Member (annual Direct Debit)    

£182

    

£146

    

£36


Claiming tax relief

We suggest that if you wish to claim tax relief against your professional fees, it would be best to contact your local HMRC office, noting to them that the Royal Pharmaceutical Society is an approved (List 3) professional body.

To help you, we've created a standard letter which you can use when writing to your local HMRC office.

Please note:
Tax relief can only be claimed if the member is working and their membership is relevant to the job they are working in.

 

1. Subject to HMRC's tax relief criteria
2. This example assumes the taxpayer has the standard tax code 647L for 2010 and 747L for 2011.