Tax Treatment of Professional Subs
New Revenue rules are threatening a reduction in the number of employees who hold multiple professional memberships in Dublin.
The rules mean that employer-paid professional membership fees may be taxed as Benefit-In-Kind unless they can be shown to be statutorily required for carrying out the duties of employment. We have made representation to the Revenue Commissioners to highlight this problem, informed by feedback from concerned members. We will continue to press for action on the matter in the coming months. Read our policy statement on this issue here.