📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Claiming small courses as a business expense

I have a small business and while starting up, I had been purchasing softwares and a couple of small courses and never claimed these.

I have went to purchase another small course from a tutor and the course details "that it can be claimed as a business expense"

Is this possible for a sole trader to claim this on their self assessment and what would it come under.  When I looked Into this, it seems to say only LTD can claim this so u nsure if I could do this
:pGetting married in 2017

Wins of 2016: Hotel Overnight Stay, 2 Cinema tickets...

Comments

  • simplydevine05
    simplydevine05 Posts: 220 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 20 September 2023 at 11:38AM
    You can claim for a course that helps you in your current business, either furthering your knowledge in your field or a refresher course. You cannot claim for a course in a brand new skill that is completely unrelated to your business or to use to start a business.
  • Mistral001
    Mistral001 Posts: 5,431 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    belasta said:
    I have a small business and while starting up, I had been purchasing softwares and a couple of small courses and never claimed these.

    I have went to purchase another small course from a tutor and the course details "that it can be claimed as a business expense"

    Is this possible for a sole trader to claim this on their self assessment and what would it come under.  When I looked Into this, it seems to say only LTD can claim this so u nsure if I could do this
    There is no difference between a sole trader business and Ltd Comany when it comes to this matter.

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.5K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.7K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.