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 |