Training and IR35

[snaw]

Re: Expenses

So in a LTD company scenario what is claimable for training when IR35/Non IR35?

[malvolio]

Re: Expenses

Outside IR35, it's a business expense offset against profits and so reduces your CT bill, and you can obviously recover the VAT.

Inside IR35, it's a business expense offset against profits and so reduces your CT bill, and you can obviously recover the VAT.

No, that can't be right... :\

edit* No, of course it can't. Don';t be a prat, Malvolio. Outside IR35 the above is correct. Inside IR35, you can try and claim it (but from whom??) but in practice you will have bought the training out of your own income. Just like all those people with permanent jobs do... *edit

[xoggoth]

Re: Expenses

Not convinced it is not deductible under IR35 provided it is specifically to further your ability to perform your current contract or to obtain further work with the same company. If I were in that situation I think I would claim it and argue the toss with the IR. Look at the guidance and legislation and make up your own mind.