MACKLIN STREET
Member discounts Stephen Moseling on subscriptions and how Direct Debit can help
T
hose of our members who managed to join us for the Annual General Meeting will know that we ran a substantial deficit last year, which was a poor year for legacies. Now we have had three quarters of the current year, it looks as though the same will be true this year. The Committee has taken the decision to cut expenditure in a number of areas, but we also need to increase our income, including by raising subscriptions, which have not risen since 2009. The Committee has decided on a small increase, from £25 to £27 for Ordinary members, with the possibility of another small increase in 2018. The concessionary rate will rise from £15 to £16.50, and the Joint rate from £35 to £37. In addition, we are concerned that only 30 percent of our members pay their subscriptions by Direct Debit. Paying by cheque or credit/debit card creates a great deal of unnecessary work and expense in the office and prevents us from automating aspects of the subscription renewal process.
WINTER 2016
To encourage members to use Direct Debit, we are introducing a permanent discount of around five percent on subscriptions paid in this way. So, for those already on Direct Debit, or prepared to sign up for Direct Debit, the increase at the end of the year will be much smaller, to £25.50 for Ordinary members, to £15.50 for the Concessionary rate, and to £36.50 for the Joint rate. These increases will come into effect from 1 December 2016. We hope this very modest increase in the subscription rates of 50p for Ordinary and Concessionary members, if they are willing to pay by Direct Debit will not put anyone off becoming or remaining a member, because we also want very much to encourage people to join. www.twitter.com/latimmassuk (@latinmassuk) www.facebook.com/latinmassuk
To contact the General Manager, Stephen Moseling, please email stephen@lms.org.uk or telephone the office.
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