PPRuNe Forums - View Single Post - Can you reclaim the VAT and/or tax on training costs?
Old 17th February 2003 | 21:54
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md 600 driver
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Joined: May 2001
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From: Escrick York england
i might also mention that if any moneys are paid into this buisness [for services rendered ] you will have to charge vat on them
but the best bit is they are income and as most of your funds are outgoings you will get these ammounts tax free up to the ammount you pay for training this can save you 25 to 40% plus ni contibutions
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