Tax Relief for Professional Fees
and Subscriptions

Members paying their own fees are entitled to tax relief (for up to five years) on subscriptions. Please visit the link www.hmrc.gov.uk/incometax/relief-subs for more information.

Regional Meetings

One aspect, which proves beneficial to the wider membership of the Institute, is the opportunity to ‘get involved’ with regional activities.

Although not an immediately obvious benefit to an employer, it gives members experience of event management, secretarial and governing roles, as well as becoming a chairman of a region outside of their usual domain, which can have a developmental benefit to the individual.

By being engaged in such roles, members can feature in local media - thus differentiating a business from that of a competitor within the same community.

Corporate Benefits

The Board of Directors are currently exploring collaborations with corporate partners that allow individuals to enjoy benefits usually only available to much larger organisations, due to economy of scale. Hotel accommodation, car hire and similar discounts are being considered.

Employers

In acknowledging that the majority of benefits are for members rather than employers, we still offer tangible benefits in relation to added value for employers - who generously agree to pay the subscriptions for their staff.

Licence/Merchandise

Engendering a high degree of client confidence, the BIFD provide promotional items including display cards for Licence holders. This provides a visual distinction from other offices and premises that do not.

Promoting CPD

Continued Professional Development

Augmenting skills and retaining best practice within a social context - many members who pay their own fees cite this as the principle reason that they retain membership, and see the other benefits as extras over and above this.

CPD Is not merely keeping up to speed. There is a requirement for demonstrable evidencing of an individual’s commitment that should be expected to be translated into the working practices of the member of staff and into their workplace.

To find out what sort of things you can do towards your CPD hours, and in some cases the sort of things you may already be doing, take a look at the CPD article.

Click here to see the
Benefits listing