Income tax relief in respect of annual membership subscriptions

We are pleased to announce that the FFLM has been approved by the Commissioners for HM Revenue and Customs under Section 344 of the Income Tax (Earnings and Pensions) Act 2003 with effect from 6 April 2012.

The FFLM’s name will appear in the list of approved bodies, which is due to be updated later this year. Local HMRC offices will not receive notification of FFLM’s approval until then. Therefore if members wish to obtain a deduction for their annual subscription before the list is updated, they are asked to explain when contacting HMRC that the FFLM has only recently been approved and quote the following Head Office reference: RH/T1644/44/2012/JEM.