Abstract
The Council of the Association has pleasure in informing all its members that for the purposes of taxation, members' subscriptions are now treated on a par with those of all other long‐established professional bodies. The Inland Revenue Technical Division at Somerset House has written to our accountants notifying them of its approval that the WHOLE OF THE ANNUAL SUBSCRIPTION is allowable as deduction from Schedule E income, where it is paid by the member himself and the Association's objects are relevant to his employment.
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