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Membership rates
Year
Fellow
Member
Associate
Student
Retired
2003/04
132.00
68.00
60.00
40.00
24.00
2004/05
136.00
72.00
64.00
44.00
26.00
2005/06
140.00
76.00
66.00
46.00
2006/07
144.00
80.00
70.00
50.00
2007/08
150.00
90.00
74.00
2008/09
155.00
94.00
78.00
52.00
28.00
2009/10
160.00
100.00
82.00
55.00
30.00
Employees of Corporate Patrons 60.00 Employees of Non-Corporate Patrons 90.00
Subscriptions fall due for renewal on 1st July annually. They apply to all or part of a year and members joining or being reinstated during a membership year pay the full subscription for that year. New members who join in the final quarter of the membership year (i.e. between 1st April and 30th June) will pay the following year's subscription rate with renewal not being required until July of the following year.
Ongoing payment of subscriptions is required to maintain eligibility to use the designatory letters appropriate to your grade of membership, or to continue with your studies.
Although liability for Income Tax is a matter for negotiation between individuals and their respective Tax Authorities, subscriptions may be allowable as a deductible expense. Some employers have introduced arrangements whereby they will reimburse subscriptions to members who meet certain criteria, e.g. to those who achieve and maintain Chartered Banker status. Members should refer to the appropriate department or area within their own organisation to ascertain if any reimbursement arrangements are currently in force and, of course, if an employer does reimburse a subscription, individual tax relief should not be claimed.