UK membership and practising certificate fees 2024

Our annual renewal period runs from January to December. When you join us in October, November or December you will be granted membership until 31 December of the following year.  

The annual renewal fee is raised in October for the next calendar year.  

During renewals you will have the ability to make payments by instalments, auto renew or set up direct directs.     

United Kingdom fees  

A one-off non-refundable application fee of £160.00 is payable where you have not studied any IFA Direct units.  

The application fee includes a fit and proper assessment fee and a certification of eligibility for membership fee.  

Applicants offered Intermediate Financial Accountant membership who are studying via IFA Direct to upgrade to Associate membership will have the Associate membership fee reduced by the application fee previously paid when Associate membership is approved.  

A one-off exemption fee of £150.00 is due by all applicants who have not studied any IFA Direct units.   

All applicants will need to pay the appropriate annual member fee as shown in the table below.    

Where you require an IFA practising certificate you will also need to pay  the practising certificate fee as detailed in the table below and the appropriate  firm fee if you meet the member firm definition.  

If you allow your membership to lapse you will need to re-apply for membership and pay a non-refundable re-admission fee of £160.00. See  lapsing, relinquishing, re-admission  for more information.   

All fees quoted are inclusive of VAT.  

 

Membership fees  

Month of joining 

Intermediate Financial Accountant 

Associate 

Associate tax adviser 

Dual Associate & Associate Tax Adviser 

Fellow 

Fellow tax adviser 

Dual Fellow & Fellow tax adviser 

Retired 

Retired Dual 

January 

£220 

£247 

£154 

£389 

£265 

£177 

£401 

£87 

£133 

February 

£202 

£226 

£141 

£357 

£243 

£162 

£368 

£87 

£133 

March 

£183 

£206 

£128 

£324 

£221 

£148 

£334 

£87 

£133 

April 

£165 

£185 

£116 

£292 

£199 

£133 

£301 

£87 

£133 

May 

£147 

£165 

£103 

£259 

£177 

£118 

£267 

£87 

£133 

June 

£128 

£144 

£90 

£227 

£155 

£103 

£234 

£87 

£133 

July 

£110 

£124 

£77 

£195 

£133 

£89 

£201 

£87 

£133 

August 

£92 

£103 

£64 

£162 

£110 

£74 

£167 

£87 

£133 

September 

£73 

£82 

£51 

£130 

£88 

£59 

£134 

£87 

£133 

October 

£220 

£247 

£154 

£389 

£265 

£177 

£401 

£87 

£133 

November 

£220 

£247 

£154 

£389 

£265 

£177 

£401 

£87 

£133 

December 

£220 

£247 

£154 

£389 

£265 

£177 

£401 

£87 

£133 

 

Practising certificate fees  

Members in public practice also require a practising certificate and anti-money laundering supervision. See become a member firm, member firm and affiliates fees and how to obtain an IFA practising certificate.   

Month of joining  

Practising certificate  

Tax practising certificate  

January  

£246 

£120 

February  

£226 

£110 

March  

£205 

£100 

April  

£185 

£90 

May  

£164 

£80 

June  

£144 

£70 

July  

£123 

£60 

August  

£103 

£50 

September  

£82 

£40 

October  

£246 

£120 

November  

£246 

£120 

December  

£246 

£120