Hi,
I came across a company a few weeks ago that pays off employees student loans up to £5000 a year. It is a perk of the job.
I'm thinking of going into IT contracting and setting up a ltd company in the process. I was just wondering, if I use the company money to directly pay off part of my student loans, can I class that as being a legitimate company expense on account that it is a company perk, to offset it against tax?
I'm just wondering. Trying to find a tax efficient way to manage my finances.
I came across a company a few weeks ago that pays off employees student loans up to £5000 a year. It is a perk of the job.
I'm thinking of going into IT contracting and setting up a ltd company in the process. I was just wondering, if I use the company money to directly pay off part of my student loans, can I class that as being a legitimate company expense on account that it is a company perk, to offset it against tax?
I'm just wondering. Trying to find a tax efficient way to manage my finances.
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