Tax return Expenses - Training courses

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    Tax return Expenses - Training courses

    Hi

    I was wondering are Property training courses and Property tax books considered allowable expenses when completing the rental section of a self assessment. My accountant says that training courses are not allowable expenses but I was sure they were considered allowable if updating existing knowledge.

    Thanks

    #2
    See HMRC Notes for tax return SA105 ( propery income )

    : https://www.gov.uk/government/upload...notes-2017.pdf

    Note for Box 29 allows you to claim for "stationery costs" but does not include buying books or training expenses.

    Comment


      #3
      Originally posted by Alza View Post
      My accountant says that training courses are not allowable expenses but I was sure they were considered allowable if updating existing knowledge.
      How are you sure? What evidence do you have to challenge not only a qualified accountant but an accountant you are presumably paying to make your life easier because you think he has more expertise than you do?

      Not saying you're wrong. Just asking why you were "sure".

      Comment


        #4
        It would depend on the nature of the course.

        Training courses are subject the solely and exclusively rule, and therefore have to relate entirely to the business.
        Which can be a tough criterion for training.
        When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
        Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

        Comment


          #5
          jpkeates,

          The OP talked about Property Training and Property Tax books. In relation to their property business.

          I'd say that seemed a pretty strong case to claim the costs. Although I'm no accountant...

          Comment


            #6
            I tend to agree, but the accountant obviously doesn't.
            So either the accountant doesn't know what they're doing, or there's something that does exclude them.

            When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
            Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

            Comment


              #7
              Its is similar to bus/train expenses incurred early morning for travelling to office or work place or travelling home after leaving work You cannot claim the expenses against your job income.

              Comment


                #8
                Travelling to your normal place of work is specifically excluded from being an allowable expense (unlike travel to somewhere else for work).
                I don't know of any specific exclusion for training that is purely for work.

                Happy to be shown to be wrong, but I'd claim it if it was entirely work related.
                When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
                Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

                Comment


                  #9
                  Originally posted by Gordon999 View Post
                  Its is similar to bus/train expenses incurred early morning for travelling to office or work place or travelling home after leaving work You cannot claim the expenses against your job income.
                  Surely OK for 1st 2 years as a freelancer?I certainly did...
                  https://www.gov.uk/tax-relief-for-em...night-expenses
                  I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

                  Comment


                    #10
                    If updating existing knowledge I think they are allowable:

                    https://www.gov.uk/hmrc-internal-man...anual/bim35660

                    Comment


                      #11
                      Rental income from property held under personal name is reported in tax return SA105 and the notes for SA105 states box 26 can be used for entering stationery cost but it does not state "training cost or buying books" are stationery costs .

                      OP should call the tax office telephone hotline and ask his question; and let us know if the expense is allowed.

                      Comment


                        #12
                        just because they say it is over the phone doesn't mean it is. Sadly HMRC don't always give the right advice.

                        Comment


                          #13
                          Originally posted by tatemono View Post
                          just because they say it is over the phone doesn't mean it is. Sadly HMRC don't always give the right advice.
                          Doesn't mean it if they put it in writing either but easier to prove them wrong if it is - this from personal experience.

                          Comment


                            #14
                            indeed... getting it in writing might be the challenge though!

                            Comment

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