CPD business expense?

clearaccounting100 Registered Posts: 49 Regular contributor ⭐
I am currently doing my Payroll AAT NVQ 2, i have almost finished it and intend to go onto stage 3. Can i count this as a business expense as CPD since i am already licensed by AAT to do payroll as i have already done payroll work before? Or does this count as me gaining the initial skill and therefore non tax deductible. I hate this area as it seems such a grey subject. If anyone has any ideas please let me know. Many Thanks :)


  • T.C.
    T.C. Registered, Tutor Posts: 1,448 Beyond epic contributor 🧙‍♂️
    Can't see why not - training is an important part of any business!
  • payrollpro
    payrollpro Registered Posts: 427 Dedicated contributor 🦉
    The rule is that as long as the training is a development of or in relation to current business it is allowed but if it is a completely new venture it is not deductible. This is actually bizarre because you would expect there to be incentives to invest in a new venture but apparently not.

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