IR35: Expenses - Question 6
Can I get tax relief when working out the IR35 deemed payment for money spent by my Personal Service Company on training?
The deductions allowable in calculating the salary on which PAYE tax and NICs must be paid, when the IR35 rules are applied, are based on those available to employees. Employees cannot generally get tax relief for money they spend on their own training, either while they are employed or in between jobs, and no deduction will be allowed for Personal Service Companies in calculating the minimum salary for tax and NICs purposes. However, the 5% allowance for general expenses is available to cover such expenses as training costs.
Please see the Statement on Training from the Paymaster General - also available on this website.
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