Form P358 is used to claim income tax relief on the cost of paying subscriptions and membership fees into professional bodies.
What is form P358 used for?
If you are not submitting a claim for these particular work expenses through your Self-Assessment tax return or by writing to the tax office, then you use Form P358.
Does this apply to all professional bodies?
No, you need to make sure that the organisation you belong to is on HMRC’s ‘approved’ list. The professional bodies and HMRC come to an agreement, then it is the responsibility of the organisation to inform its members that they can submit a tax relief claim.
You can use our free professional fees directory to find out if your body is on the list.
Are all claims accepted by HMRC?
HMRC will look to see that there is a relevant connection to your employment or a statutory requirement for you to belong to this professional body, when considering your claim.
Life memberships and entrance fees are not accepted. You are not eligible to claim if your employer has already reimbursed these costs.
We can help you further
Our Tax Rebate Service has been trusted by professionals and trades people for over 14 years to help them with their tax affairs.
We can often highlight other work related expenses which you can tax relief for. We make claiming easy and secure ensuring you received all of the tax relief you are entitled to.