NVQ Validity
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Join Date: Oct 2001
Location: DXB
Age: 46
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NVQ Validity
I enrolled in the NVQ scheme some 4 years ago or similar, I paid my £465 registration fee and I managed to receive £8,000 back from my ATPL, which was fabulous. Now as I consider an FI rating or even a type rating, I wonder if anyone can tell me if I can still use this and get the 23% rebate, or has the Labour government put paid to that too.
Thanks.
Thanks.
Join Date: Oct 2001
Location: Dorset, UK
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Sorry Smartcol, but Vocational Tax Relief (which was linked to NVQs) ceased on 31st August 2000.
IMHO those who pay for any form of further education, should be entitled to some form of tax relief.
Unfortunately the present government seems to consider any sort of flight training, to be only for the rich boys. So there would be no votes to be gained by giving tax relief, so there is not a cat-in-hells chance of any change in the near future.
IMHO those who pay for any form of further education, should be entitled to some form of tax relief.
Unfortunately the present government seems to consider any sort of flight training, to be only for the rich boys. So there would be no votes to be gained by giving tax relief, so there is not a cat-in-hells chance of any change in the near future.
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VAT on flight training
Fees charged for education by schools & universities, in the UK, are Exempt from VAT, providing that the school etc, is an "eligible body" within the meaning of the Education Act 1996 or theFurther & Higher Education Act 1992
Furthermore such schools etc, have to be non-profit making, such as, set up as an educational trust or a charity. Now many FTOs claim to make no profits, but they did not plan it that way!
There is an ongoing dicussion amongst VAT anoraks, about the difference in VAT treatment on vocational training, between UK legislation & EU legislation. In some EU countries vocational training, including that provided by commercial operators, does not bear VAT, whereas it carries 17.5% in the UK.
I will stop there before I bore everyone to death
Furthermore such schools etc, have to be non-profit making, such as, set up as an educational trust or a charity. Now many FTOs claim to make no profits, but they did not plan it that way!
There is an ongoing dicussion amongst VAT anoraks, about the difference in VAT treatment on vocational training, between UK legislation & EU legislation. In some EU countries vocational training, including that provided by commercial operators, does not bear VAT, whereas it carries 17.5% in the UK.
I will stop there before I bore everyone to death
