Originally posted by Wanderer
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Training Costs
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The material prosperity of a nation is not an abiding possession; the deeds of its people are.
George Frederic Watts
http://en.wikipedia.org/wiki/Postman's_Park -
Originally posted by northernladuk View PostIt must indeed be related to your current work. Pre-training, languages, OU, MBA courses etc all fall outside...[/url]
MBA's, Honours degrees etc. are hardly for business purposes, but a reasonably shorter course required to minimise the jeopardy of losing a contract should be ok IMO.Comment
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Originally posted by captainham View PostJust a thought...is your accountant saying you can't put the course through your Ltd at all? As that link I provided suggests that even if it is not allowable, you can still put it through the Ltd but it won't attract any tax relief for CT, which is better than not being able to claim it all!Rhyddid i lofnod psychocandy!!!!Comment
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Originally posted by psychocandy View Post? What'd be the point in that? Might as well just pay for it with your credit card in this case?The material prosperity of a nation is not an abiding possession; the deeds of its people are.
George Frederic Watts
http://en.wikipedia.org/wiki/Postman's_ParkComment
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Originally posted by speling bee View PostIf it doesn't attract CT relief but also doesn't incur any BIK personal taxes to you (is this the case?) then it's well worth it.Comment
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Originally posted by Wanderer View Post
Personally, I think that allowing tax relief on training would be the right thing to do (so long as it's not a jolly) but HMRC think otherwise.
They also provide courses themselves to the public aimed at small business people that in our cases travel to and from them are legitimate business expenses. (The courses are free and may use you attending the course as example subject matter.)
Also it's clear you and a few others, including one of the accountants, has no idea what sort of courses the OU and other colleges/universities do aimed at professional people.
For starters the OU courses are modules that last a few months. This means if a particular module is relevant to your skillset and your clientele there is nothing stopping you from putting this through as a business expense.
Many local colleges and universities realised years ago that they can make money from offering short courses in a variety of subjects aimed a professional people. Again if a short course is relevant and cheaper than going to private training provider there is nothing stopping you from doing it and putting it through as a business expense.
'Also colleges and universities tend to be VAT exempt meaning that there is no VAT issues for companies on the flat rate scheme unlike with private training providers."You’re just a bad memory who doesn’t know when to go away" JRComment
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It isn't about a new skill
Originally posted by lithium147 View PostTOGAF is a very generic framework. It teaches you how to do enterprise architecture in a standardised manner. So its not really a new skill for anyone already in IT.
The same with Prince2Comment
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