Fees and subscriptions
Your annual membership subscription is due on 1 January.
Being a member of ICAEW makes you part of a powerful global network of finance and business professionals. Your membership subscription enables ICAEW to continue to be a world leader of the accountancy and finance profession, and provide support to members at every stage of their career.
Membership Fees and subscriptions 2021
You will be able to access your subscription notice from 1 November 2020. If you are a student, subscriber or a general affiliate looking to pay outstanding fees please use our non-member payment area.
Support the ICAEW Foundation
This year members are invited to make a donation to support the work of ICAEW Foundation, to provide bursaries for financially disadvantaged young people to study accountancy and finance in UK universities and to undertake professional accountancy qualifications in developing countries. You can read about the impact ICAEW’s charity is making at www.icaewfoundation.com.
Your annual membership subscription is due on 1 January. Every year, we will contact you in November about your renewal. If your firm pays your subscription, we will contact them directly to request payment.
If you think you may be eligible for a reduced subscription rate due to low income, or life membership, please contact us immediately so we can amend your membership grade and adjust your annual fee.
Failure to renew on time may result in disciplinary action. See the regulations, standards and guidance area for details.
If you are on a low income, due to redundancy or retirement, you may be eligible for a reduced subscription. This is often available to members who are on a career break too.
You can only apply for a reduced subscription rate when you renew your membership, which is due on 1 January every year. When the time comes, you can apply online or by calling us.
You will be asked what your annual income is. When awarding reduced subscription status, we will include your total income. Income is earned or unearned, from all sources including interest on investments and savings, property rental, dividends, ISA's and PEPS but does not include any income from pensions or state benefits.
If you are granted a reduced subscription, it will run for a calendar year, regardless of any changes in circumstances. However, it cannot be back-dated, so if your income is reduced part-way through the year, we cannot amend your current subscription rate.
2021 subscription fees
The fees are based on your income and circumstances. These are the annual membership fees for 2021:
- If you have an income above £30,420 then you would pay the full rate.
- If you have an income below £30,420 but above £15,210 then you would pay the half rate.
- If you have an income below £15,210 then you would pay the low rate.
Practising certificate and Practice assurance fees
| Members residing in the EEA
|Members residing in the rest of continental Europe||£184.00|
|Members residing outside UK or continental Europe
|OPBAS levy (UK only)||£59.00|
|Members residing in the UK or Europe||£600.00|
|Members residing outside UK or Europe
There is no readmission fee other than for cases requiring review by the Fitness Committee; fees for such cases will be £790 (two times the main subscription).
Members will be eligible for this if they are over the age of 60 and have been in membership for more than 30 years. They also must be fully retired in all forms of remunerated work. If a member meets these requirements, they may be eligible for a one-off life membership fee.
|One off payment||£592.50|
Have a question about paying your fees and subscriptions?
Do you have a question about the fees and subscriptions process? Our advisory team have compiled a list of the most frequently asked questions to support you through this process.
Why not set up a Direct Debit today? You can sign up to a Direct Debit for 2020 and take the hassle away by visiting: icaew.com/pay and completing the online form. Please ensure you are logged in to enable this function to work.