its 595 + 100 optional payment to a benevolent fund.Hi,
Its been a few years but just to add to the above.
Do any ICAI members on this forum ever wonder about the size of the annual subs fee requested. This year its €695. All I get in return for this is a monthly magazine that I don't read.
What are other CAs thoughts on this fee and does anyone know what its for?
circa 25k members in Ireland paying this equates to circa €17m in subs fee income alone for the Institute. What do they spend this money on? What are members getting in return for their fee and is there value for money?
Brendan Burgess XFCA
A lot of companies used to pay these fees but now revenue have stated that BIK needs to be charged....This is going to be a bad year for those organisations...
Absolutely correct. Unless being a member is a legal / necessary part of your job it's now taxable.A lot of companies used to pay these fees but now revenue have stated that BIK needs to be charged....
BIK on ACA fees? not if you work in finance as far as i am aware.
I find this an absolute scandal. Yes its €595 plus optional €100 but even leaving out the optional €100 its a huge sum and for what exactly.
I have emailed them asking them this very question. I also asked them if in general do members complain about the fee so will be interesting to see what I get back.
I have no use for the Institute so why must I pay this fee each year? Granted my employer pays it but still....it really bugs me and they don't even try to explain where the money goes.
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