Are you a member of the Institute of Clinical Research?
You can claim a tax rebate on your subscription fee!
The Institute of Clinical Research is an organisation for the range of professionals who create and carry out human clinical trials.
As a member you have access to their support, networking opportunities and world class training. It would be unusual for the general population to recognise the impact of your work, but being renamed under the protected term ‘institute’’ is proof in itself.
What other tax reliefs can a clinical researcher claim for?
Your work is important, humbling and it costs you in work related expenditure. How many of these common tax reliefs could you claim?
Membership fees for Professional bodies and Trade Unions
It’s not just the Institute of Clinical Research, many organisations and Trade Unions have an agreement with HMRC that enables its’ members to reclaim the tax on their fees.
Business mileage and using a private vehicle
It is possible to claim for journeys that you make to temporary places of work in your own car. You usually need a log of ‘where and when’ to support your claim.
Working from home tax relief
If ‘remote’ working is part of your contract, then there are some specific tax relief entitlements. These can include home office furniture, a computer and even phone and internet costs.
Buying and laundering work uniform or protective clothing
If your employer does not reimburse you and there are no facilities provided then you can claim for both buying and washing your ‘lab wear’ at home.
Clinical researcher tax relief facts
- Initial claims can be backdated up to four years, multiple employers are not an issue.
- Your employer is not involved or liable for any money owed to you.
- Your tax code will change so that you pay less tax in the future.
- You will never receive this tax rebate automatically from HMRC, you need to help them by submitting an official claim.
How do I claim a institute of clinical research tax rebate?
To claim tax relief back on your membership fees into the ICR you will normally need to complete a P87 employment expenses form and send it online or by post to HMRC.
