Company Sponsered MBA - Tax Implications?

jamesjenkinsyates

Hello guys,
Looking to sponsor an employee for an MBA programme, now I don't want to talk about the pro's and con's of an MBA here, but instead I have some TAX questions. My employer is self employed, I do not work for a limited company. I am also the employers son.

If sponsoring an employee for an MBA, what tax implications are the for:
A: The employer?
B: The employee?

Just looking to pay for the programme itself, probably about 22K.

Thanks,
J

pjclar02

Hello there

Can you tell us what is the nature of the business undertaken by the employer, and also what the MBA programme would be?

Many thanks

jamesjenkinsyates

pjclar02 wrote: »

Hello there

Can you tell us what is the nature of the business undertaken by the employer, and also what the MBA programme would be?

Many thanks

Financial Services, The MBA programme is 16 months with 4 months in Thailand (Masters of Business Administration in International Business Practice)