Changes in Flat Rate Tax Scheme 1/4/17

[MeMeMe1966]

Training is services not goods.

The VAT man has a fraud department so I wouldn't try it.

A CD is not a service:


https://www.amazon.co.uk/d/Software/...CD+objective-c


and I genuinely don't understand how this is fraud? I would use this in my business and I'd rather have some benefit then turn the money over to the tax-man.

[TheCyclingProgrammer]

A CD is not a service:


https://www.amazon.co.uk/d/Software/...CD+objective-c


and I genuinely don't understand how this is fraud? I would use this in my business and I'd rather have some benefit then turn the money over to the tax-man.

So to save £4K you plan to pay £3.2k a year on software (and it has to be a physical package not a download), so you save £800?

[SueEllen]

So to save £4K you plan to pay £3.2k a year on software (and it has to be a physical package not a download), so you save £800?

I thought this was suppose to be the professional forums not General.

[MeMeMe1966]

So to save £4K you plan to pay £3.2k a year on software (and it has to be a physical package not a download), so you save £800?

Well if I'm going to be 4K out of pocket then why wouldn't I spend it on something I may use rather than give it away? The 800 isn't really part of my motivation.

I don't understand why this isn't the default position, am I missing some technicality that would prevent this?

[northernladuk]

You sure the training is allowable? Adding new software skills is a bit of a grey area.

[hugebrain]

Well if I'm going to be 4K out of pocket then why wouldn't I spend it on something I may use rather than give it away? The 800 isn't really part of my motivation.

I don't understand why this isn't the default position, am I missing some technicality that would prevent this?

Exactly. If you are offered £4000 worth of free stuff why wouldn't you take it?

I'd even do it without the advantage that the nasty public sector simultaneously lose £4000.

The accountants can work out the details of whether we have to buy software, silver bars or whatever.

[MrMarkyMark]

You sure the training is allowable? Adding new software skills is a bit of a grey area.

Training for engagements in hand is what is allowable as far as I'm aware.

[MeMeMe1966]

Training for engagements in hand is what is allowable as far as I'm aware.

So DOS progammers weren't allowed to re-train in windows for their next gig?

oops I meant getting tax relief on new technology training unrelated to your current engagement but related to your business.

[MrMarkyMark]

So DOS progammers weren't allowed to re-train in windows for their next gig?

Did they have the Windows gig "in hand"?

[The Spartan]

The whole retraining thing does baffle me as to whether it's allowed or not as in I.T. roles evolve all the time, like in testing there has been a shift to Developers in Test and now this is partially evolving in to DevOps a certain degree of training/retraining is needed but as to what is allowed it's beyond me.