Tax rebate for training?
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Join Date: Jan 2003
Location: Reading
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Tax rebate for training?
I have read that it may be possible to qualify for a tax rebate for ATPL training. Is this true, and if so how does one go about getting the rebate?
Join Date: Jul 2001
Location: UK
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I think it is possible!!
For example, become a qualified Flying Instructor, then set yourself up as a Limited Company and work on a contract basis. That way I think all your training is classed as business expenses' and is tax deductable........I think!!!
I stand to be corrected!!..............
W-S.
For example, become a qualified Flying Instructor, then set yourself up as a Limited Company and work on a contract basis. That way I think all your training is classed as business expenses' and is tax deductable........I think!!!
I stand to be corrected!!..............
W-S.
Join Date: Sep 2002
Location: UK
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You used to be able to qualify for something like a 23% rebate on ATPL training under some kind of NVQ scheme, but that was scrapped by Gordon Brown some 2 years ago.
Don't know about being able to claim tax back as business expenses though.
Don't know about being able to claim tax back as business expenses though.
