Hi. Employer pays for the employees professional membership subscription and shows the expense on P11d. As a result theemployee pays the tax on the benefit. I thought this is a tax-exempt benefit. The employee does not reimburse the employer. Can you please clarify and if possible direct to the relevant legislation or HMRC guidance on this? Many thanks.
Replies (5)
Please login or register to join the discussion.
If it would be tax deductible if the employee paid it himself, he can claim the same deduction against the amount on the P11D.
Provided, of course, the subscription is to a body on the HMRC list as being allowable.
Exactly why the first word in my first response was "if".