I am planning to do an executive MBA which is going to cost around £ 30000 over two years. I am currently working as a perm IT sector employee but my employer is not willing to pay for the MBA.
My questions are:
- Can I charge my MBA back as tax deductable expenses to my one man limited company if I switch into contracting?
- Would it make a difference if my contracts are inside IR35?
- Is there a limit on the training expenses that can be charged to the company?
Please share your experiences and I would love to hear if someone is already doing that.
Thanks in advance
My questions are:
- Can I charge my MBA back as tax deductable expenses to my one man limited company if I switch into contracting?
- Would it make a difference if my contracts are inside IR35?
- Is there a limit on the training expenses that can be charged to the company?
Please share your experiences and I would love to hear if someone is already doing that.
Thanks in advance
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