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FEES   for year commencing July 2007

 

General Notes

 

The Institute holds an ABN but is not registered for GST, so the Institute does not collect GST for the Government with any IVMA invoice and those who pay IVMA subscriptions cannot claim any associated input tax credit.     Within Australia, however, IVMA subscriptions should be totally deductible for income tax purposes (as a business expense for organisations or as a professional subscription for individual taxpayers).

 

For the year that commenced July 2002, the Institute reduced many of its subscriptions and fees and provided for each Corporate Member to nominate up to 10 of its employees as a Corporate Affiliate in any subscription year.  Through corporate diligence, especially regarding expenditure control, the Institute is still able to retain those same lower fees, which have applied since July 2002.   The Institute was even able to declare the year that commenced July 2005 as a “subscription-free year”. 

 

ANNUAL SUBSCRIPTIONS

“standard” fee

if paid after due date

discounted fee

if paid by due date

organisational members                  

 

 

Corporate Member

If an organisation pays its subscription by the due date, any of its employees can gain a concession for his/her personal membership subscription.  For this year, the concession is still 20 % of the discounted rate and, to gain it, the personal member’s subscription must also be paid by its due date.

$ 380

$ 330

personal members                             

 

 

Fellow

$ 120

$ 100

Member

$ 100

$ 80

Associate Member

$ 60

$ 40

Eligible Retirees *                                                   with an e-address

                                                                                     without an e-address

free

$ 40

free

$ 20

Registered VM Facilitator (additional annual subscription  -  not subject to the

      discount offered to employees of Corporate Members for their membership subscriptions)         

Fellows or Members may apply to be registered if they meet (and continue to meet) the strict additional requirements relating to facilitation of VM Studies.  Eligibility is granted for only 3 years at a time and may be renewed if requirements continue to be met. This additional annual subscription is not subject to the employee discount.

$ 200

$ 180

ASSESSMENT FEE FOR REGISTRATION APPLICATION

payable when an application is lodged for initial Registration or to renew eligibility for Registration (every 3 years)

$ 110

ADVERTISING   (all subject to editorial check for acceptability)

In an issue of “The Value Times”: for one quarter of an A4 page (80 x 107 mm) or part thereof

Printed advertising material mailed to members (still subject to checking for acceptability) is charged at the above rate per quarter-page, plus the cost of postage, plus the following charge for arranging the mail-out

 

$ 120

 

$ 200

* Eligible Retirees are defined as those who have paid at least 10 years’ membership subscriptions and who are “substantially retired” (i.e. are earning less than $ 10 000 p.a. from paid work). They retain their pre-retirement grade of personal membership but, as people who have substantially retired and have therefore ceased to be fully practising professionals, they will not retain any Registration previously held.  This category of personal membership has been structured to enable retired VM people to retain their interest in the profession.