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Nurse - newly self employed and havent got a clue!

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HI

I have been a nurse over 10 years now and always worked for the NHS so never had to worry about anything as paid PAYE through my NHS employer.

I have had to now become self employed as I consult for the nursing and midwifery regulatory body on an ad hoc period (about 20 days per year).

I need to do some extensive training which is not totally necessary to do my role for the NMC but it is essential to do for my career but it costs about £2 - 3k. |This will extend skills I already have as a nurse.

Can I claim this against my tax (I think that's right) I mean claim it against my costs for my business as training?

Any help anyone can give me in this area would be wonderful. I currently earn about £34 as a nurse with my NHS trust and the additional consultancy work will bring in about £6 k per annum.

I pay £100 registration costs per year to practice, have indemnity insurance and pay union costs which is mandatory to the RCN of £17 per month, can I claim these back too?

Thanks to anyone who can advise or help me in advance

Caroline

Comments

  • Pennywise
    Pennywise Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Keeping existing skills/qualifications up to date is allowable, acquiring new skills/qualifications isn't sadly.
  • anniecave
    anniecave Posts: 2,469 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The £100 per year registration, indemnity costs and union costs - I would think they would be allowable against tax.

    If any of these are also needed for your main job then you need to check first of all that you've not already had a tax coding adjustment for any of them added to your personal allowance .

    There is an official list of "subscriptions" on the hmrc website, so you may find them covered there.
    Indecision is the key to flexibility :)
  • cazaline
    cazaline Posts: 87 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Hi again

    The training would give me othee skills which I could then oversee hearings with nurses in this field which is a very limited area of expertise.

    I intend to do my aesthetic nurse trainjng (botox/dermal fillers) etc. So wud this not be ok?
  • Pennywise
    Pennywise Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    cazaline wrote: »
    Hi again

    The training would give me othee skills which I could then oversee hearings with nurses in this field which is a very limited area of expertise.

    I intend to do my aesthetic nurse trainjng (botox/dermal fillers) etc. So wud this not be ok?

    No, acquiring new skills is not a tax allowable expense.
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