Hello Sally, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
It does not get reported on the P11d as it is not a benefit in kind. You must make sure, however, that you do not claim this subscription as an expense in business on your self assessment tax return if you have to make one. I claimed such a professional fee from my employers for one of my qualifications for many years. It is a very common practice, particularly with large employers.
I do hope that you have found my reply of assistance.
This is not the case. If it were reported on a Form P11d then you would be taxed on it by an adjustment to your tax code. You would then have to claim it as an expense in employment on your annual self assessment tax return to restore the position. The whole process would be an exercise in financial futility.
All big organisations would have a dispensation in place to cover such matters.
I am sorry to be obtuse, but this is a matter for the employer, not the individual taxpayer. If the employer fails to obtain a dispensation and report this as a benefit in kind you merely claim it back from HMRC in your annual self assessment tax return which you may now well have to make. If you then find yourself liable to additional NI contributions then you should reclaim these from your employer. After all it is their shoddy processing that has cost you money. It strikes me that the employer's payroll section needs to sharpen up.
No it is not a benefit in kind as I originally explained. The employer should seek a dispensation.
So what; we are concerned with the 15/16 tax year.
In any event, if the fee to the professional institute was wholly and necessarily needed for the employer's business, then the fee would be allowable against the employer's profits and thus not a benefit in kind and therefore no Form P11d action would be needed.