'Proper Employees' have training funded by their employer while Contractors (can) have training funded by their LtdCos.
Umbrella workers are imagined to fund training from net income.
Does this lead to umbrella workers not bothering with training, not obtaining or retaining industry certifications?
i.e. is umbrella working essentially de-skilling, and most suitable for those soon to give up working?
When I ran a LtdCo, myself and the other employees undertook a least three weeks of training a year.
As a brolly worker, I've let industry certifications lapse since I intend to give up after my current engagement.
PS - I've long thought that all employees should be able to offset training costs against personal tax, including carry forward between tax years, to encourage people to invest in themselves and help deal with employers who are mean when it comes to funding training.
Umbrella workers are imagined to fund training from net income.
Does this lead to umbrella workers not bothering with training, not obtaining or retaining industry certifications?
i.e. is umbrella working essentially de-skilling, and most suitable for those soon to give up working?
When I ran a LtdCo, myself and the other employees undertook a least three weeks of training a year.
As a brolly worker, I've let industry certifications lapse since I intend to give up after my current engagement.
PS - I've long thought that all employees should be able to offset training costs against personal tax, including carry forward between tax years, to encourage people to invest in themselves and help deal with employers who are mean when it comes to funding training.
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