Remuneration: Loss of Earnings and Expenses

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Payments

  • Committee members will be office holders, not employed by the They will be entitled to a financial loss allowance based on the number of days or half days spent on College business.
  • The limits for reimbursement of financial loss and travelling expenses are set by the RCVS Council and subject to review from time to time.

Loss of Earnings

  • Committee members who are in full or part-time employment, those who are self- employed, or those who are not in any employment are eligible to claim loss of earnings of, currently, £352 per day.
  • Members entitled to claim financial loss allowance may receive a compensatory loss of earnings payment if a hearing is cancelled with less than three working days’ notice.

Allowances

  • Committee members are eligible to claim reimbursement of overnight subsistence of up to £220 per night and standard class (First Class only if an advance First-class ticket was less expensive than or equal to a standard class ticket. rail fare, economy air fare or motor mileage.
  • There is no stationery/computer consumables

Taxation

  • For those in full or part-time employment, or those not in employment, the RCVS will deduct at tax at source as though the individual was on the RCVS payroll.
  • Those who are self-employed, and have a consultancy, would be paid in full on an invoice from the consultancy, on the assumption that they pay any tax due