Other expenses: professional fees and subscriptions: fees and contributions to named bodies
Section 343 ITEPA 2003
The statutory fees and contributions and related costs paid to certain named bodies are eligible for deduction from earnings from an employment under section 343, subject to 2 conditions:
- the duties of the employment must involve the practice of the profession to which the fee relates
- the registration, certification, licensing or other reason for paying the fee is a condition that must be met before the person may practise the profession relevant to performing the duties of the employment
A full list of the fees for which a deduction may be allowed is contained in the table at section 343(2) ITEPA 2003 (see EIM32891 to EIM32897). The statutory fees and contributions paid to these bodies are also included in List 3 (see EIM32881).
HMRC may make an order to add a fee to the table if they consider that such a fee is payable in respect of any registration, certification, licensing or other matter, if it is required as a condition, or one of alternative conditions, of the practice of a profession. (This content has been withheld because of exemptions in the Freedom of Information Act 2000)