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Training/Educational support + illness and tax
bubbaspaarx
Posts: 19 Forumite
Firstly, thank you for taking a look and hopefully someone has the answer/s.
I have been signed off work (i was a self employed builder) for 12 weeks due to spinal surgery. Realistically my days as a builder are over and such I’ve been looking to retrain. My first question is: is there any tax relief for illness when self employed?
I have chosen to do a full stack web development course and have applied for a pcdl loan but someone mentioned that as i didn’t go to uni i could get some support for the course costs, living costs, materials etc. I can’t seem to find anything. The PCDL will be helpful but the apr of 9.9% is a tad steep. Is there an alternative or student loan for this type of course (9 weeks).
I’m running out of ideas and money so any help is appreciated.
I have been signed off work (i was a self employed builder) for 12 weeks due to spinal surgery. Realistically my days as a builder are over and such I’ve been looking to retrain. My first question is: is there any tax relief for illness when self employed?
I have chosen to do a full stack web development course and have applied for a pcdl loan but someone mentioned that as i didn’t go to uni i could get some support for the course costs, living costs, materials etc. I can’t seem to find anything. The PCDL will be helpful but the apr of 9.9% is a tad steep. Is there an alternative or student loan for this type of course (9 weeks).
I’m running out of ideas and money so any help is appreciated.
A wise man once said "go to moneysavingexpert.com" :money:
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Comments
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Sorry I’m no help but you may benefit from posting this in the student section too?
I happen your receivers hoes well.
Stashbuster - 2014 98/100 - 2015 175/200 - 2016 501 / 500 2017 - 200 / 500 2018 3 / 500
:T:T0 -
Unless you have a flair for it, or a lot of background, web design is a saturated market so you might struggle for work. How about something that uses your building experience - train as a surveyor maybe?
Edit: someone just mentioned this on another forum I frequent and I thought of you - they were looking to train in PDR (paintless dent removal). Probably sensationalised but they were quoting salaries of 60-80k if you get good at it. Very low running costs as well. Might be worth exploring.
(note: nothing to do with me, I work in IT!).0 -
In terms of tax - as a self employed person you will presumably be filing a tax return and normally would make a payment on account for next year - I think it is possible to contact HMRC and pay a different / lower amount where your situation has changed, rather than having to wait and claim a rebate next year https://www.gov.uk/government/publications/self-assessment-claim-to-reduce-payments-on-account-sa303
This might be helpful for you in looking for funding to help with any training - https://www.gov.uk/grant-bursary-adult-learnersAll posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)0
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