Has anyone done a PMP certification through their own ltd.company? Is it possible to do?
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PMP certification
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Do you mean, has someone done PMP and put the cost of the training through the company? There are certain rules around training costs and what you can charge back to your ltd so you might want to have a chat with your accountant. I think so long as the PMP is related to the service you currently offer, and are to enhance skills you will sell to your clients, then I would expect your accountant to be fine with it.Originally posted by CroydonContractor View PostHas anyone done a PMP certification through their own ltd.company? Is it possible to do?
I put my Prince2 re-cert through my limited. I did look at PMP/PMI but none of the roles I was looking at required this on top of Prince2 (I have MSP already).
If your question is something else ... can you elaborate?I am what I drink, and I'm a bitter man
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Are you referring to expensing the cost of the certificate? Some prep course? Or something else?
Or are you referring to putting down your Ltd as your experience? You just list the projects you managed and put down the client as the contact. It's unlikely it'll get audited and they'll be contacted but still be as honest as you can when filling it out.Comment
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Do you mean expense it through your Ltd Co?Originally posted by CroydonContractor View PostHas anyone done a PMP certification through their own ltd.company? Is it possible to do?
Is training an allowable expense through my limited companyComment
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If its a new skill then no you can't.Originally posted by CroydonContractor View PostHas anyone done a PMP certification through their own ltd.company? Is it possible to do?'CUK forum personality of 2011 - Winner - Yes really!!!!
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It's quite grey at times what 'new' is ..... if he/she is selling themselves as a PM then claiming the PMP would be fine, but if they're a developer wanting to move into PM work then it wouldn't (although I know people who have). HMRC are very unlikely to look that closely but (as you normally say) best they check with their accountantOriginally posted by northernladuk View PostIf its a new skill then no you can't.
I am what I drink, and I'm a bitter man
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I would disagree with you because a significant number of non contracts require PM certification because they require the candidate to have an understanding of procedures. I have worked in corporates where they even require help desk staff to take PM qualls.Originally posted by Whorty View PostIt's quite grey at times what 'new' is ..... if he/she is selling themselves as a PM then claiming the PMP would be fine, but if they're a developer wanting to move into PM work then it wouldn't (although I know people who have). HMRC are very unlikely to look that closely but (as you normally say) best they check with their accountant
"A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George OrwellComment
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I'd agree but you don't need full PMP for that.Originally posted by Paddy View PostI would disagree with you because a significant number of non contracts require PM certification because they require the candidate to have an understanding of procedures. I have worked in corporates where they even require help desk staff to take PM qualls.'CUK forum personality of 2011 - Winner - Yes really!!!!
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Like I say, and NLUK too, it can be a grey area. It really does depend what you sell yourself as and whether you're getting new skills or enhancing existing skills/offering to client.Originally posted by Paddy View PostI would disagree with you because a significant number of non contracts require PM certification because they require the candidate to have an understanding of procedures. I have worked in corporates where they even require help desk staff to take PM qualls.
If you're a developer who leads teams and hence 'PM's' their area then it's OK. If however you're on a help desk but want to train to be a PM and sell those skills in the future then HMRC would argue this is a new skill.
To be honest though, HMRC are very unlikely to check up and so long as the costs are low compared to revenue and your accountant is happy then no one is really going to know.I am what I drink, and I'm a bitter man
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Ohh in 20 years in project management I’ve never heard
Let’s get the PM with PMP or Prince they will be better
Like an MBA or PHD in contracting - useless
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