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 external link icon 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.