PPRuNe Forums - View Single Post - Can you reclaim the VAT and/or tax on training costs?
Old 14th Aug 2006, 22:14
  #94 (permalink)  
Whirlygig

Hovering AND talking
 
Join Date: Feb 2003
Location: Propping up bars in the Lands of D H Lawrence and Bishop Bonner
Age: 59
Posts: 5,705
Likes: 0
Received 0 Likes on 0 Posts
Income tax and VAT are separate taxes with separate rules. It IS possible to reclaim VAT on training on the basis that you are going to become freelance/self-employed however, claiming back the tax relief on training is a different matter.

The vehicle by which you do this needs to be carefully considered but. Setting up a limited company may not (note MAY not) be the best way.

Cheers

Whirls
Whirlygig is offline