Training Courses
Fingersan
Registered Posts: 84 Regular contributor ⭐
Hi Guys
I have been pondering over a question for a few hours now but have difficulty in reaching a decision, so please let me have your thoughts:
I have a client who was an employed plumber up to June 2011. In July he decided to go it on his own as a self employed plumber. He undertook a course costing around £4,000 so that he reached the standards required of Gas Safe and is now now Gas Safe registered.
I realise that the cost of courses are not tax allowable to learn a new trade but this chap had to undergo the course to get his Gas Safe registration, which in turn enables him to trade.
Would you claim the cost of the course or not. It makes a difference between a £2k profit or a 2k loss!
Thanks for your advice.:thumbup1:
I have been pondering over a question for a few hours now but have difficulty in reaching a decision, so please let me have your thoughts:
I have a client who was an employed plumber up to June 2011. In July he decided to go it on his own as a self employed plumber. He undertook a course costing around £4,000 so that he reached the standards required of Gas Safe and is now now Gas Safe registered.
I realise that the cost of courses are not tax allowable to learn a new trade but this chap had to undergo the course to get his Gas Safe registration, which in turn enables him to trade.
Would you claim the cost of the course or not. It makes a difference between a £2k profit or a 2k loss!
Thanks for your advice.:thumbup1:
0
Comments
-
I would say yes!0
-
I agree with TC. I would definately claim it:thumbup1:0
-
"...to learn a new trade..."
You may wish to consider that before the advent of "Gas-Safe" there was "Corgi" registration and before that, work on gas boilers and fittings was undertaken by ordinary (unregulated) plumbers. Even though some Gas Safe registered "plumbers" do not (usually by choice) do "plumbing" work and some "plumbers" are not Gas Safe registered they are both still widely considered to be engaged in the same trade - plumbing.
I hope this is helpful.
hunterhouse0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 319 NEW! Qualifications 2022
- 157 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 92 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 274 Tax
- 136 Bookkeeping
- 7.2K General accounting discussion
- 201 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership