Claiming UK Tax Relief
BABCP members who are UK taxpayers may be eligible to claim tax relief on their membership subscriptions and accreditation fees.
HMRC allows individuals to claim tax relief on professional subscriptions or fees that have to be paid to allow an individual to carry out their work. The British Association for Behavioural and Cognitive Psychotherapies is an approved professional organisation, which means you may be able to claim tax relief against your professional fees.
How can I claim tax relief?
To claim tax relief on BABCP fees –
- you must have paid tax in that financial year
- your membership fees must be paid by you and not by your employer (or claimed back through them)
- your membership must directly relate to your current work.
Check your eligibility at the HMRC website, and follow their instructions.
- In general you can make your claim on a form P87 which is then sent to HMRC for processing.
- If you complete a self assessment tax return you should include your work related expenses on your tax return.
How much can I claim back?
Tax relief is based on what you have spent and the rate at which you pay tax. For example, if you spent £82 for an annual membership and pay a 20% tax rate, the tax relief you can claim is up to £16.40. If you are a 40% rate taxpayer, you can claim up to £32.80 tax relief. Please note this is a rough guide and individual circumstances may vary. BABCP cannot advise on individual cases, so please contact HMRC to find out more.
Where can I find out more information?
HMRC can be contacted at 0300 200 3300. Guidance related to claiming tax relief on job expenses can be found here.
Additional information
Note that BABCP will appear on List 3 under the letter ‘B’ as ‘Behavioural and Cognitive Psychotherapies British Association for’ rather than ‘British Association for Behavioural and Clinical Psychologies’. This is in line with the historical HMRC naming convention. You can check the organisations included on List 3 here.
