ATT respond to HMT consultation on taxation of self-funded work-related training
Released 08 June 2018
Tax relief for training expenses should be available regardless of whether the individual is employed or self-employed, says Association of Taxation Technicians (ATT).
The ATT has published its response to HM Treasury’s consultation on the Taxation of self-funded work-related training issued on 13 March 2018. The consultation sought views on the extension of tax relief for training by employees and the self-employed to support upskilling and retraining. The ATT considers that the outcome of any change to the taxation of self-funded training should ensure that, as far as possible, employed and self-employed individuals have a level-playing field when it comes to tax relief on work-related training expenses. Tax relief for such expenses should be available regardless of whether the individual is employed or self-employed, learning a new skill or updating an existing skill.
View the submission at Taxation of self-funded work-related training - ATT response.