HMRC Professional Tax Relief: Who Qualifies and What You Get
Learn if you can claim tax relief on your professional subscriptions and exam costs to reduce your tax bill.
This scheme allows employees to claim tax relief on certain professional expenses required to do their jobs.
Who it's for
This is for employees who must pay for specific professional fees or subscriptions to maintain their job requirements.
What you get
You can receive tax relief on costs related to professional subscriptions and certain exam fees. This includes expenses for bodies like the GMC or the BMA.
What it costs you
There is no direct financial cost to apply, but you must complete the necessary paperwork. You will need to file a P87 form or use a self-assessment to claim your money back.
The catch to know
Many professionals forget to claim this relief, but you can actually backdate your claim for up to 4 years.
How to apply
- Gather your receipts or proof of payment for your professional fees and exams.
- Complete the P87 form or prepare your self-assessment.
- Submit your claim to the tax authorities.
- Visit the official portal for more details: https://www.gov.uk/tax-relief-for-employees