Doing a Masters can it be offset against tax?

[TheCoconutDog]

But is it tax deductible for a company if they pay for the employee? Is this a case of another kick for PSCs?

I don't think it is when you read some of the above links (e.g. http://www.hmrc.gov.uk/manuals/eimanual/eim32525.htm). The fact that some put this through probably means they just haven't been caught.

[TheFaQQer]

But is it tax deductible for a company if they pay for the employee? Is this a case of another kick for PSCs?

Why do you care - you're a permie.

[MarillionFan]

Why do you care - you're a permie.

Because I was planning to quit my permie role and go back to Uni, but do some contracting on the side.

Because it's in the tax year, I was wondering if I could claim against my Self Assessment for this year, or whether if I had a new Ltd company up, I could do it as an expense.

(Up here for thinking mate, down there for dancing)

[MarillionFan]

Because I was planning to quit my permie role and go back to Uni, but do some contracting on the side.

Because it's in the tax year, I was wondering if I could claim against my Self Assessment for this year, or whether if I had a new Ltd company up, I could do it as an expense.

(Up here for thinking mate, down there for dancing)

Academia 2016, here I come.

[SueEllen]

Academia 2016, here I come.

What are you studying? History of Art?

[MrMarkyMark]

What are you studying? History of Art?

The life and times of Walter Mitty.

Going to be as much use to his career, as a chocolate fire guard.

HTH.

[mudskipper]

What are you studying? History of Art?

And what's wrong with History of Art?

[Boo]

So how do permies get sent on courses to learn new skills within incurring a BIK ?

If they are proprietors of their company they do incur a BIK.

Boo

[northernladuk]

If they are proprietors of their company they do incur a BIK.

Boo

To MSBob. Permie training is considered an investment to the company as the permies are assets of the company not just a tax breaks. You are letting the tax tail wag the dog thinking like that.

[MrMarkyMark]

To MSBob. Permie training is considered an investment to the company as the permies are assets of the company not just a tax breaks. You are letting the tax tail wag the dog thinking like that.

What and this means MF is an "asset", I have never heard him called that, before, on here?