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Training Costs

Training costs do have some conditions that have to be met for them to be allowable business expenses. Firstly they must upgrade or enhance your current skills. If the training goes further than this and teaches you completely new skills, the cost of the training will not be a business
expense but instead a capital expense which still attracts tax relief but in a slightly different way.

Disclaimer:

This information is for general information only. We take no responsibility for any action taken or refrained from in consequence of its contents. Always seek our professional advice specific to your circumstances before acting.