When you join the IoD you will pay an election fee, together with the first year's membership fee (provided your membership stays current). If you join for two years the election fee will be reduced by 50%, and 100% when you join for three or more years.
If you are aged 30 or under we will reduce the election fee to £100, saving you £115.
The annual membership fee is normally tax deductible. If you are entitled to the tax deduction, you will be able to find a section in your self-assessment form to claim it as a tax deductible expense.
No. of years
Election Fee (payable on application)
Annual Membership fee
Total due (payable on election)
1
£215
£340
£555
2
£110
£790
3
£0
£1,020
5
£1,700
10
£3,400
Life
n/a
£6,120
£162
£241
£403
£644
£82
£805
£1,205
£2,410
£4,338
When joining the IoD a new applicant will pay the first year's subscription, together with a one off election fee, which is usually £215.
Savings can be made on the election fee in the case of multiple applications or longer term memberships.
When 2 or more applications are made from the same organisation at the same time, the election fee will be reduced on a sliding scale according to the number of applications made.
Number of applicants
Subscription Fee (paid annually)
Election Fee (paid upon application only)
Cost per applicant
Total cost
£172
£512
£1,024
£151
£491
£1,473
4
£129
£469
£1,876
£108
£448
£2,240
6
£86
£426
£2,556
7
£65
£405
£2,835
8
£43
£383
£3,064
9
£22
£362
£3,258
For multiple applications from the same organisation please contact us directly on 020 7766 8888.
When an individual joins for three years or more the election fee will be waived.
Term of membership application
Subscription Fee (paid upon application)
Total Cost per applicant
£680
waived
*Costs are approximate and based on standard business rates at the time of going live.
Only one discount to the election fee may be claimed in respect of each application. The largest reduction will apply where an applicant qualifies under more than one category.
Reduced election fees are exclusive and cannot be used in conjunction with any other offer.
The full annual membership fee for the first year must accompany the relevant election fee.
PLEASE NOTE: Following election as a member or associate, no part of either the election or annual membership fee is refundable under any circumstances.
If you would like someone to contact you about IoD membership click on the link below: