Training Costs

Training costs can be provided to an employee or director of a Limited Company and will be an allowable expense for corporation tax purposes, with no benefit in kind impact on the employee provided that the training concerned is a course or other activity designed to impart, instil, improve or reinforce any knowledge, skills or personal qualities which:

• are likely to prove useful to the employee when performing the duties of the employment; or
• will better qualify the employee to perform those duties.