If you’re a member of the ICM you can claim a tax relief on your membership fees for the last four years.
Just belonging to the Institute of Construction Management shows your dedication to promoting high standards of performance in your profession.
By making continuous CPD a requirement of being on the National Register of Competency the ICM demonstrates its commitment to lifelong learning for those in construction management.
An admirable aim, that benefits all of your customers and professionals. We all want to see the reassuring emblem that tells us that our construction manager has up-to-date skills and knowledge of changes in legislation and technologies!
But you have to pay for this quality stamp…
Do you claim back the tax relief on your fee?
Do you claim back the tax relief on all of your other work expenses?
ICM members tax rebates
Many members of the ICM incur other work related expenses so they can do their job.
Here’s a list of the most common work expenses claims for construction workers:
- Buying tools or equipment that you only use at work.
- Purchasing and washing uniform or safety clothing.
- Travelling to temporary work site using your own vehicle or paying the public transport costs yourself.
- Paying subsistence and accommodation costs when you are working away from home, unless you are already paid a taxable allowance.
It’s unlikely but if your employer has already reimbursed you for these costs then you can’t claim. You can backdate your claim for up to 4 tax years years.
How do I claim an ICM tax rebate?
As a member of the ICM you should make your tax rebate claim on a form P87 if your claim is for a value of below £2500.
Any claims worth £2500 or more are typically submitted on a self assessment tax return.
You can use our free construction workers tax rebate guide to find out more about what you could be entitled to and how to claim your tax back from HMRC.
