UK membership and practising certificate fees 2022

Our annual renewal period runs from January to December. Where 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

£199.00

£224.00

£140.00

£353.00

£241.00

£160.00

£364.00

£85.00

£130.00

February

£182.42

£205.33

£128.33

£323.58

£220.92

£146.67

£333.67

£85.00

£130.00

March

£165.83

£186.67

£116.67

£294.17

£200.83

£133.33

£303.33

£85.00

£130.00

April

£149.25

£168.00

£105.00

£264.75

£180.75

£120.00

£273.00

£85.00

£130.00

May

£132.67

£149.33

£93.33

£235.33

£160.67

£106.67

£242.67

£85.00

£130.00

June

£116.08

£130.67

£81.67

£205.92

£140.58

£93.33

£212.33

£85.00

£130.00

July

£99.50

£112.00

£70.00

£176.50

£120.50

£80.00

£182.00

£85.00

£130.00

August

£82.92

£93.33

£58.33

£147.08

£100.42

£66.67

£151.67

£85.00

£130.00

September

£66.33

£74.67

£46.67

£117.67

£80.33

£53.33

£121.33

£85.00

£130.00

October

£199.00

£224.00

£140.00

£353.00

£241.00

£160.00

£364.00

£85.00

£130.00

November

£199.00

£224.00

£140.00

£353.00

£241.00

£160.00

£364.00

£85.00

£130.00

December

£199.00

£224.00

£140.00

£353.00

£241.00

£160.00

£364.00

£85.00

£130.00

Practising certificate fees

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

Month of joining

Practising certificate

Tax practising certificate

January

£227.00

£110.00

February

£208.08

£100.83

March

£189.17

£91.67

April

£170.25

£82.50

May

£151.33

£73.33

June

£132.42

£64.17

July

£113.50

£55.00

August

£94.58

£45.83

September

£75.67

£36.67

October

£227.00

£110.00

November

£227.00

£110.00

December

£227.00

£110.00