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Is Business mentoring/coaching tax deductible?
Marcusian
Posts: 70 Forumite
I am an online diet and fitness coach and turnover about £30k a year (i am 13 months in). I would like to invest in some business mentoring, from someone who offers this is as a service, directly for coaches like myself and my industry. Is this tax deductible? It's not about gaining a new skill, it's about growing my business within the market it already exists in. My understanding is that it would be? I would of course have all the necessary invoices etc.
EDIT
I am a sole trader.
EDIT
I am a sole trader.
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