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Paying subs and deducting them as expenses because membership is work-related? If the organisation is not on the HMRC Approved List, your subs may not be tax-deductible.
This is a short and sweet post on subscriptions (subs). If you are paying subs to an APPROVED professional organisation, the amounts may be allowed as a deductible expense for tax purposes. Ensure you make your checks ie do not rely on your accountant to check at year end. In any case, it will be … Continue reading
Phoenix Debola 