Tax Relief on LIA Membership

A

asho

Guest
Sorry if this is a silly question but I have just gotten to the stage that I have to join the LIA to complete the remainder of my QFA exams and was wondering if it is possible to claim tax relief on the LIA/QFA annual membership fee.

Thanks in advance
 
I am unable to answer your question. Why is it insisted upon that you have to join the LIA. As far as I am able to make out it is a bit of a Social Club. If a member becomes banned by the Regulator will the LIA cancel your membership. I am dealing with two Financial Institutions with several senior members of the LIA that have broken the rules applicable to QFA. Some of these people are high up in the LIA. It will be interesting to see if they are banned from being members ??
 
ASHO, no you won't be able to claim specific relief but if you are self employed you can set it off against your income.

Mercman, in order to complete the QFA you have to be a member of a recognised body. THe LIA or the bankers association are the main ones i think that offer it
 
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