Work-related training expenses - PTC June 2010

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LittleChinaDoll
LittleChinaDoll Registered Posts: 29 Regular contributor ⭐
in AAT Level 4 (Level 8 in Scotland)
Hello,

I thought I just post this bit of info from the HMRC website, as it was a tricky part of the PTC June 2010 exam paper.

Please read Section 250 in the attachment.

All the best

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  • Esme
    Esme Registered Posts: 711 Epic contributor 🐘
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    so it was exempt!?
  • LittleChinaDoll
    LittleChinaDoll Registered Posts: 29 Regular contributor ⭐
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    I understand that once all conditions in Section 250 have been satisfied, then yes.

    However, did AAT specify if those training courses were work-related?

    Honestly, I cant remember now.

    Lets wait for the papers to come out.
  • jewels.p
    jewels.p Registered Posts: 1,774 Beyond epic contributor 🧙‍♂️
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    Yes it did say work-related I remember that. I included it as an allowable expense instead of not including it as it was exempt! Duh
  • LittleChinaDoll
    LittleChinaDoll Registered Posts: 29 Regular contributor ⭐
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    June 2010 papers are now available online.

    Section 1, Question 5:

    ' During 2009/10, Gary has been sent on several training courses, costing the company a total of £850'.

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