Job Skills / Training : Job Related Training

Saturday, 22 December 2012

Job Related Training

Job Related Training Details

The exemption in Section 250 ITEPA 2003 removes any possible tax charge where an employer, or a third party, incurs expenditure on work-related training for employees. It does not matter whether the employer directly incurs the expenditure or reimburses the employee's expenditure. The exemption covers sums that would otherwise be taxable as earnings, as benefits, or under the vouchers rules. The exemption from tax applies equally to office holders. The exemption provided by Section 250 ITEPA 2003 is much wider than that provided by Extra- Statutory Concession A63, which applied for 1996/97 and earlier years (see SE01350). It ensures that no tax charge arises in connection with genuine work-related training activities that are funded by the employer or by a third party.

Job Related Training