Commentary

B2.428 Employees—counselling and retraining

Business tax
Business tax | Commentary

B2.428 Employees—counselling and retraining

Business tax | Commentary

B2.428 Employees—counselling and retraining

Many costs for training, retraining and providing counselling services for employees will be deductible because they are incurred in respect of current employees wholly and exclusively for the purposes of the trade1. In addition to the general rule, there are also specific statutory provisions covering the deductibility of certain counselling and retraining expenses.

Employers are able to claim a trading deduction in respect of counselling or the costs of retraining courses if2:

  1.  

    •     they incur expenses in relation to an employee or former employee employed for the purposes of the trade and

  2.  

    •     the relevant conditions are

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial