Tax Relief on Membership Fees
HM Revenue & Customs (HMRC) recognises The Chartered Society of Designers as a professional body.
As a result, members can claim a tax allowance for their subscription.
Tax payers at the standard rate will reduce their tax liability by 22% of their subscription costs.
Higher rate tax payers wil reduce their liability by 40%.
Further information can be found on the following pages:
www.hmrc.gov.uk/list3/list3.htm
CSD advises all members to consult with their accountant in relation to the above matter.
Members who have their subscription paid through a company should take advice from their accountant as to the most tax efficient method of paying fees.
