The list of allowable fees and subscriptions, including journals for professional organisations, has been updated.
As a reminder HMRC states that ‘you can reclaim tax you pay on fees or subscriptions to some approved professional organisations – but only if you must have membership to do your job or it’s helpful for your work’.
Other deductions including flat rate deductions are also available. Flat rate deductions are set amounts that HMRC has agreed are typically spent each year by employees in different occupations.
HMRC also stresses that if your occupation isn’t listed, you may still be able to claim a standard annual amount of £60 in tax relief.