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 - 2018
For basic rate taxpayers, the real cost of membership of the IBMS is as follows:
2018
2018 |
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 |
£165 |
£33 |
£170 |
£34 |
Member |
£134 |
£26.80 |
£139 |
£27.80 |
Licentiate |
£94 |
£18.80 |
£99 |
£19.80 |
Associate |
£50 |
£10.00 |
£55 |
£11 |
eStudent |
N/A |
N/A |
N/A |
N/A |
Retired |
£34 |
£6.80 |
£39 |
£7.80 |
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 |