PPRuNe Forums - View Single Post - Tax Relief on Bond Repayment?
View Single Post
Old 22nd March 2017 | 04:44
  #15 (permalink)  
RAFAT
25 Anniversary
 
Joined: Oct 2000
Posts: 532
Likes: 2
From: UK
I was prompted to consult my Accountant about this at the end of last year when I had to repay the small remainder of a bond. He referred me to an HMRC document: SpC569, which is probably available somewhere on the Gov.uk website. It refers to a couple of pilots and their case against HMRC in regard to tax relief on training costs.

In summary, the decision was that bonds do not qualify for tax relief.
RAFAT is offline  
Reply