IBMS subscription tax allowances
The IBMS subscription is approved by the Board of the Inland Revenue as an allowable deduction under Section 201 of the Income & Corporation Taxes Act 1988.
Making a claim
To make a claim you will need to:
- send form P87 with your self-assessment return, if you make this annually, or
- you can send it directly to your local tax office
Forms are available from the HM Revenue & Customs.