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ACCA yearly membership fee

Proud
Posted Tue, 21 Mar 2023 13:53:59 GMT by Proud
Hi, would the ACCA annual membership fee be allowable expenses for personal income tax purposes?
HMRC Admin 20
Posted Fri, 24 Mar 2023 14:37:55 GMT by HMRC Admin 20
Hi Proud,

No this is not an allowable expense,

Thank you.
Indigo
Posted Mon, 27 Mar 2023 11:43:17 GMT by Indigo
I am not HMRC, but this answer is possibly wrong. The ACCA is shown on the List 3 of allowable subscriptions. Therefore if the individual pays their subscription for a relevant employment, it is allowable.

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