Project Description
This guidance note provides a quick overview of the tax relief available to members of charitable membership organisations and associations that have gained tax relief approval (on membership subscription fees) from HMRC. It also provides details on how your organisation can apply.
In short, if your organisation is charitable and eligible to be listed on HMRC’s List 3 it will mean your members can apply for tax relief on their annual membership fees (E.g. A Higher tax paying individual member could receive 40% relief on your annual fees). Many leading membership organisations and associations feature and it is something that can impact positively on member recruitment/retention.
Note: The information contained within this document has been collected directly from Her Majesty’s Revenue Customs (HMRC) and should not be interpreted (in any way, shape or form) as direct financial advice from MemberWise Ltd.