ICPA membership covers the entire practice and all the partners and or directors are to be members.
All partners and or directors must be included in the membership subscription. Subscription for a one director/sole trader practice is £58+VAT per month. Additional Directors/Partners are only an extra £15+VAT per month. This is payable by direct debit (see below).
If you have your own PI Insurance and don’t want to take out our group PI cover we will reduce your monthly payments by £10 so you will only pay £48+VAT if a sole trader or single director company for example.
Please note: There is a one-off non-refundable £80+VAT application fee.
Member of an approved organisation
Qualified members who hold a practice certificate/licence with any of the following Organisations and Institutes can gain direct entry to the ICPA and participate in all of the benefits available including access to the Group Professional Indemnity Scheme.
Institute of Chartered Accountants in England and Wales (ICAEW) | Institute of Chartered Accountants in Scotland (ICAS) | Association of Chartered Certified Accountants (ACCA) | Association of International Accountants (AIA) | Chartered Institute of Taxation (CIOT) | Chartered Institute of Management Accountants (CIMA) | Institute of Financial Accountants (IFA) | Association of Taxation Technicians) (ATT) | Association of Accounting Technicians (AAT) | Institute of Certified Bookkeepers (ICB) | International Association of Bookkeepers (IAB) | Society of Trust and Estate Practitioners (STEP)
Qualified members who do NOT hold a current practising certificate/licence with any of the above Organisations or Institutes could gain direct entry to the ICPA via the Qualified by Experience Route and proof of the Money Laundering Registration with HMRC..
Qualified by Experience
The ICPA recognises that many accountants in practice in the UK have not gained formal qualifications with the major UK Institutes for myriad reasons but nonetheless have been practising successfully within the UK for many years providing a good professional service for their clients.
These accountants are commonly referred to as being Qualified by Experience (QBE) and the ICPA are happy to recognise their qualities and to offer them a route to membership of the ICPA.
QBE accountants can join the ICPA providing they have been running their own practice within the UK for 3 years or more and on proof of Money Laundering Registration with HMRC.
Those QBE accountants who have been running their own practice for 3-4 years will have to provide their own professional indemnity cover until they have been in practice for 5 years when they will be eligible able to join the ICPA Group Professional Indemnity Scheme.
Simply select the relevant route below that's applicable to you and complete the online application.
Qualified by Experience
Member of Approved Organisation