I trained to become a driving instructor about 3 years ago and I have just recently started up my own business. Is it possible for me to claim some of the fees back? If so how can I do this?
2006-12-08 20:50:53 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United Kingdom
Actually it is not a timing problem - if it was you could always make an adjustment for a prior year - but it would not be allowable anyway.
Training in a new skill is not an allowable deduction for UK tax purposes. You could, however, claim for othe course, eg if you do any update/improvement courses relating to the job you are already doing.
2006-12-09 01:38:37 · answer #1 · answered by guido74 3 · 1⤊ 0⤋
No it is not possible. Expenses to set against your taxable income must relate to the tax year or the basis period you are assessed on for a tax year.
For example, if you went on a refresher course this year, that would be an allowable expense in this years tax return or your current basis period (otherwise known as your accounting period).
2006-12-12 08:58:55 · answer #2 · answered by PetLover 4 · 0⤊ 0⤋
no a tax refund only counts in the year that u are applying for. u can not go backwards
2006-12-08 21:00:20 · answer #3 · answered by shelli p 2 · 1⤊ 1⤋
No, you weren't self employed at the time. It's too late.
2006-12-08 21:01:07 · answer #4 · answered by Proud to be APBT 5 · 0⤊ 1⤋
maybe you should contact your local tax office place. And they can help you and explain how to do it and stuff.
2006-12-08 20:56:45 · answer #5 · answered by Lucy 3 · 0⤊ 1⤋