Myreader.co.uk  
uk news, chat and community
   home   |   control panel login   |   archive   |  
 
economy
business.accountancy
business.agriculture
business.payroll
business.telework
finance
finance.stockmarket
jobs.contract
jobs.d
jobs.fortyplus
jobs.offered
jobs.wanted
legal
legal.moderated
  
 
date: Sun, 8 Jun 2008 11:21:03 +0100,    group: uk.business.accountancy        back       
Tax on Courses   
I plan to do a part time Postgrad course(MSc).

I am in full employment and don't qualify for any help with funding and my
employer aren't willing to help either.

Altogether, the fees will be Approx £4000, can I claim tax in any way on
this amount.

If it makes any odds I live/work and study in Scotland.

Thanks
date: Sun, 8 Jun 2008 11:21:03 +0100   author:   }{

Re: Tax on Courses   
On 8 Jun, 11:21, "}{"  wrote:
> I plan to do a part time Postgrad course(MSc).
>
> I am in full employment and don't qualify for any help with funding and my> employer aren't willing to help either.
>
> Altogether, the fees will be Approx £4000, can I claim tax in any way on> this amount.
>
> If it makes any odds I live/work and study in Scotland.
>
> Thanks

The expenses must be incurred wholly, exclusively and necessarily in
the performance of the employment duties. If your employer won't pay
for them I very much doubt you can claim.

If you want to claim you need to complete a tax return.
date: Sun, 8 Jun 2008 08:32:24 -0700 (PDT)   author:   PeterSaxton

Re: Tax on Courses   
"PeterSaxton"  wrote in message 
news:652b1f91-a5d3-46d5-b938-3dfd1671a236@m44g2000hsc.googlegroups.com...
On 8 Jun, 11:21, "}{"  wrote:
> I plan to do a part time Postgrad course(MSc).
>
> I am in full employment and don't qualify for any help with funding and my
> employer aren't willing to help either.
>
> Altogether, the fees will be Approx £4000, can I claim tax in any way on
> this amount.
>
> If it makes any odds I live/work and study in Scotland.
>
> Thanks

The expenses must be incurred wholly, exclusively and necessarily in
the performance of the employment duties. If your employer won't pay
for them I very much doubt you can claim.

If you want to claim you need to complete a tax return.

Peter, its not S336 but S250 that relates to training costs. EIM01110 gives 
a good outline but in this instance the OP is out of luck.

Section 250 does not give employees tax relief for the costs of 
self-financed training where the cost of training is not reimbursed by the 
employer.

Simon
date: Sun, 8 Jun 2008 18:45:56 +0100   author:   Simon

Google
 
Web myreader.co.uk


    COPYRIGHT 2007, YARDI TECHNOLOGY LIMITED, ALL RIGHT RESERVE  |   contact us