How much should I be paying?
The College Subscription year runs from January to December. In
most cases the rate of subscription you pay is determined by your
circumstances (or expected circumstances) on 1st January in that
year. The subscription demand you receive in this mailing has been
prepared on the basis of what we know currently about your
circumstances.
Payment Method
Most members in the UK pay their subscriptions by Direct Debit.
The College offers a discount of £25 for payment in one Direct
Debit instalment (January) and £15 for payment in two Direct Debit
instalments (January and June). Retired members, PMPTs, and
members overseas pay the lowest rate regardless of payment
method.
To set up or alter a Direct Debit arrangement please download
and complete a form below and return it to the Membership
Data Office at the College. If you wish to pay by two
instalments then please include a note with your returned form,
otherwise we will take the subscription out in one instalment.
Please write your College membership number as the reference number
on the direct debit form.
Tax Relief
The membership subscription is automatically tax deductible in
the United Kingdom. At present it will save effectively at least
20% of the cost of the subscription, 40% for higher rate tax
payers.
Part time work, maternity leave or career break
UK Fellows, Members, Specialist Associates and Affiliates
can apply for a reduction of 50% of fees for 2013 if earnings
for the subscription year are expected to be below
£34,061 (figure based upon the BMA
subscription scheme). Please contact the Membership Data Office for
a Declaration Form or download one
here. This concession is available for one year at a
time, so even if you were on this rate for 2012 you should reapply
if your circumstances have not changed.
Retirement
The College defines retirement as having left one's principal
NHS/Health Board/Academic post and earning no more than 10% of the
mid point of an NHS Consultant's salary from any
continuing professional work (approx £9,000 at the moment).
This earning figure refers specifically to ongoing gross
income from professional practice- pension income is excluded from
this calculation. Please contact the Membership
Data Office for a Declaration Form or click here to download a
copy.
Emeritus Membership
Membership benefits continue without payment of further fees when a
member achieves 40 years in membership (including membership of
RMPA) or from 75 years of age. There is no need to make application
- the Membership Data Office will work from information on the
College database and apply the rate from 1st January following
entitlement.
Honorary Treasurer's Discretion
The Honorary Treasurer retains the authority to make other
reductions where special circumstances are not appropriately
addressed by the above categories. If you think this applies,
please write to him in confidence at the College.
Overseas Fees
From 2002 a banding system has applied for overseas
subscriptions. The scheme aims to address the fact that College
fees can be a disproportionately high percentage of income for
members working in some countries. Overseas rates have been applied
automatically according to the address held for members outside the
UK and you do not need to make any application. The schedule of country bandings is available on the
College Website or on request from the Membership Data Office. It
is based upon a similar scheme operated by the World Psychiatric
Association and upon economic data supplied by the World
Bank.
Overseas members in Bands C or D can apply for a reduced rate if
their monthly income is below a certain amount. Please click
here for more information.
Contacts
We hope this is helpful. In the event of any queries your
contacts are:
Paul O'Connor (Membership Data Manager) 020 7235 2351 x
6280
poconnor@rcpsych.ac.uk
Ameze Ukwuoma (Membership Data Administrator) 020 7235 2351
x 6281
aukwuoma@rcpsych.ac.uk