Claim back college course?

[Floody]

When I'm putting my tax return in, do u know if I can put my recite in for my college course? As it is work related I suppose ??


anyone done this or know of anyone?

 

[trev]

Every course I've ever done has been claimed for, whether you're allowed to or not I don't know but that'll only be an issue if you get investigated. If in doubt talk to an accountant mate, they've probably got a (not very exciting) forum

 

[Marvo]

Yeah and they'll probably charge you by the hour for a forum membership as well.

 

[Floody]

Best I get my receipts in then.never done a tax return see this will be my first.
Around what time do they let u know they owe you anything (if any)

 

[trev]

They're not that fast mate, work on around 6 weeks

 

[Floody]

A h that's faster than I thought. the jobs I've done have always been taxable (through agencies) so If it stays that way I just fill in the required and show all my receipts etc and I should get something back?

 

[trev]

You don't need to show your receipts mate but you do need to keep all records. Any CIS vouchers need to be sent off to them with the return

 

[Floody]

Yeah I got those on email. Ill need a bit of help when it comes up. I don't mind throwing someone a few quid to help me

 

[D Skelton]

Unfortunately, the cost of a college course or any other course to learn your trade is not tax deductable. The cost of training in order to continue your trade is.

For example, 2330 = not tax deductable, 2382 update = is tax deductable.

You need to be careful as HMRC can audit you at any time without notice so I wouldn't be writing off anything as a business expense when you're not entitled to.

Hope this helps

 

[Floody]

Cheers Skelton