Menu

IBMS subscription tax allowances

The IBMS subscription is approved by the Board of the Inland Revenue as an allowable deduction under Section 201 of the Income & Corporation Taxes Act 1988.

Making a claim

To make a claim you will need to:

  • send form P87 with your self-assessment return, if you make this annually, or
  • you can send it directly to your local tax office

Forms are available from the HM Revenue & Customs.


Cost of membership 2011 - 2017

For basic rate taxpayers, the real cost of membership of the IBMS is as follows:

2017

2017 Discounted Subscription Standard Subscription
Membership Grade Only for annual direct debit payers Allowance claimable (shown at basic tax rate) Standard subscription Allowance claimable (shown at basic tax rate)
Fellow £164 £32.80 £169 £33.80
Member £133 £26.60 £138 £27.60
Licentiate £93 £18.60 £98 £19.60
Associate £49 £9.80 £54 £10.80
eStudent N/A N/A N/A N/A
Retired £33 £6.60 £38 £7.60

2016

2016 Discounted Subscription Standard Subscription
Membership Grade Only for annual direct debit payers Allowance claimable (shown at basic tax rate) Standard subscription Allowance claimable (shown at basic tax rate)
Fellow £163 £32.60 £168 £33.60
Member £132 £26.40 £137 £27.40
Licentiate £92 £18.40 £97 £19.40
Associate £48 £9.60 £48 £9.60
eStudent N/A N/A N/A N/A
Retired £32 £6.40 £37 £7.40

2015

2015 Discounted Subscription Standard Subscription
Membership Grade Only for annual direct debit payers Allowance claimable (shown at basic tax rate) Standard subscription Allowance claimable (shown at basic tax rate)
CSi Fellow £184 £36.80 £189 £37.80
Fellow £158 £31.60 £163 £32.60
CSi Member £154 £30.80 £159 £31.80
Member £128 £25.60 £133 £26.60
Licentiate £89 £17.80 £94 £18.80

2014

2014 Discounted Subscription Standard Subscription
Membership Grade Only for annual direct debit payers Allowance claimable (shown at basic tax rate) Standard subscription Allowance claimable (shown at basic tax rate)
CSi Fellow £169 £33.80 £174 £34.80
Fellow £153 £30.60 £158 £31.60
CSi Member £140 £28.00 £145 £29.00
Member £124 £24.80 £129 £25.80
Licentiate £86 £17.20 £91 £18.20

2013

2013 Discounted Subscription Standard Subscription
Membership Grade Only for annual direct debit payers Allowance claimable (shown at basic tax rate) Standard subscription Allowance claimable (shown at basic tax rate)
CSi Fellow £162 £32.40 £167 £33.40
Fellow £151 £30.20 £156 £31.20
CSi Member £133 £26.60 £138 £27.60
Member £122 £24.40 £127 £25.40
Licentiate £85 £17.00 £90 £18.40

2012

2012 Discounted Subscription Standard Subscription
Membership Grade Only for annual direct debit payers Allowance claimable (shown at basic tax rate) Standard subscription Allowance claimable (shown at basic tax rate)
CSi Fellow £152 £30.40 £157 £31.40
Fellow £146 £29.20 £151 £30.20
CSi Member £124 £24.80 £129 £25.80
Member £118 £23.60 £123 £24.60
Licentiate £82 £16.40 £87 £17.40

2011

2011 Discounted Subscription Standard Subscription
Membership Grade Only for annual direct debit payers Allowance claimable (shown at basic tax rate) Standard subscription Allowance claimable (shown at basic tax rate)
Fellow £145 £29 £148 £29.60
Member £117 £23.40 £120 £24
Licentiate £83 £16.60 £85 £17