Hey, I'm an IT contractor and in training for a CPL/IR. I discussed running the costs through my company with several accountants -this means that I could claim VAT back and pay for the training out of untaxed income (like NVQ)
The unanimous repsonse was don't do it!!!
The Revenue have a 'fish' detector and this certainly whiffs strongly of it (especially since I'll be challenging them if they try to get me with IR35 tax).
ickle - that was the scheme I was thinking of trying - I was thinking about air taxi or instructing through the company to reduce the fishy smell for the revenue.
Nothing ventured, nothing gained I suppose, but I think I'll have enough to deal with come CPL/IR time without being worried about arguing about it all with Hector.