How should I classify my locum chambers fee for tax purposes?

Fees paid to your chamber are tax deductible. So long as it is analysed consistently, it doesn’t really matter how it's classified. For the tax return, if income is less than £85k (2019-20) it doesn’t get analysed out anyway; for those needing to show it on their tax return, I’d suggest putting it in either 'other office costs' or 'admin support' rather than 'professional subs' (which normally relates to membership of a professional body, rather than buying a specific service).

No Comments Yet.

Leave your comments