Tax deductions
RCGP is a professional body registered by HM
Revenue and Customs. This means that if you pay your membership fee
from your earnings and live in the UK, you can currently claim tax
relief, which reduces the real cost of your membership.
We have calculated the savings that you may benefit from in the
table below, but the amount that each individual can claim will
depend on their circumstances. For more information on tax relief
and taxable bands, please visit HM Revenue and
Customs website
or contact your tax advisor, as we are unable
to provide individual tax advice. Receipts are issued
electronically to the email address we hold on record following
the payment clearance. If you require a replacement receipt,
please contact the membership services
team.
|
RCGP rates
|
2012-13 |
Higher rate tax
payer's savings
(40%)
|
Higher rate tax payer's
real cost of membership
|
Basic rate tax
payer's savings
(20%)
|
Basic rate tax payer's
real cost of membership
|
| Full rate |
£485 |
£194 |
£291 |
n/a* |
n/a* |
|
50%
discounted rate
|
£242 |
£96.80 |
£145.20 |
£48.40 |
£193.60 |
| 75% discounted rate |
£121 |
n/a |
n/a |
£24.20 |
£96.80 |
*only UK members with gross income of £39,826 or above are
currently required to pay the full rate fee.