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Flying lessons as business expense??

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    Flying lessons as business expense??

    Hey guys,
    Im learning to fly and im wondering if its ok to put the training course through my Ltd company.. what you reckon??

    Cheers
    Joe

    #2
    Originally posted by Joeman View Post
    Hey guys,
    Im learning to fly and im wondering if its ok to put the training course through my Ltd company.. what you reckon??

    Cheers
    Joe
    It is absolutely fine to put it through. You might however wish to research the likely tax treatment which is I guess what you are really asking.

    Comment


      #3
      We will come and visit you in prison. Even bring you some vaseline to make your experience bearable.

      Comment


        #4
        Perhaps,

        IF you are going to make yourself redundant and you're paying for yourself to be retrained.

        otherwise, I'd say not.
        ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

        Comment


          #5
          Unless your commute to the client site involves flying and you're trying to save on the expense of a pilot?

          What kind of plane do you have?

          Or is it a chopper?
          "Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk

          Comment


            #6
            Originally posted by Jog On View Post
            Or is it a chopper?
            Huey

            CUK never left the 80s

            Comment


              #7
              It's OK to charge it to expenses, as long as you can convince the tax man that it would have been impossible to generate your company's fee income without incurring this expense. (Probability of success, 0%.)

              Comment


                #8
                Originally posted by zeitghost
                I love the smell of napalm in the morning.... it smells of... victory.
                You smell that? Do you smell that? Napalm, son. Nothing else in the world smells like that. I love the smell of napalm in the morning. You know, one time we had a hill bombed, for twelve hours. When it was all over I walked up. We didn't find one of 'em, not one stinkin' dink body. The smell, you know that gasoline smell, the whole hill. Smelled like... victory.
                "Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.

                Comment


                  #9
                  Thanks for the comments guys - kind of what i was expecting, but was interested to see if any other contractors where doing it..

                  How about this for a plan - if i create a website that generates revenue from flying related information (maps of airfields, sales of flying products etc), do you think i could convince the tax man that i needed to learn to fly in order to create the revenue generating website?? that kind of makes it business related training course right?? after all, im only talking about £3k - its cheaper to fly than most IT training courses!

                  BTW, flying Ikarus C42 (fixed wing two seater) - highly recommended

                  Comment


                    #10
                    come on guys, i meet loads of IT contractors at the airfield, so there must be some way to get the training through the company!!
                    where's your creative skills??

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