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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.

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Cost of IBMS membership 2018 - 22