You should be aware that a taxable Benefit-in-Kind will arise in respect of professional subscriptions paid or reimbursed by employers on behalf of employees. Revenue has also indicated that no tax relief will be available to employees who pay their own subscriptions.
In addition the exemption relating to above where membership of a professional body was relevant to the business of that employer has been abolished from 2011 onwards.
For more details on this and many other benefits please visit this page on the Revenue website.
All the best,
The Team at Jefferson
