Just spoke to CDL people and yes ADR is covered by CDL as a ‘Vocational Training Course’, it seems that LGV training is also covered by the scheme providing that the school is ‘acredited by the Learning and Skills Council’. LSC will pay the interest on the loan for the duration of the course and one month after. After this time you must start repaying the loan which is at 9.9%. The normal credit checks and eligibility apply same as a personal loan otherwise. That’s me out of it then…
it took me 3 attempts to get my money from them. but it came in time for christmas.
hgv lessons, hgv test, licence fee, medical, boots x 2 pairs. there was some other things. but i can’t remember what they were".
Are you saying your WHOLE LGV training was tax deductable■■?
“Is that Good?”
No it’s Barclays finding another way to give out unsecured personal loans to everybody at high rates of %, for one year course it might show some benefit but lgv or other it’s probably better to shop around and forget the interest paid period. Secured, (own your own house etc) can be got at 4.5%-6.75%…
I was just passing on response to question about CDL being available for ADR.
bazza123:
" limeyphil » Sun Oct 25, 2009 11:38 am
it took me 3 attempts to get my money from them. but it came in time for christmas.
hgv lessons, hgv test, licence fee, medical, boots x 2 pairs. there was some other things. but i can’t remember what they were".
Are you saying your WHOLE LGV training was tax deductable■■?
Ummm…
if this is true (and I have no reason to disbelieve it) does anyone know how far back this can be claimed I passed my “C” just over 2 yrs ago and HI-AB just under 2 yrs
bazza123:
" limeyphil » Sun Oct 25, 2009 11:38 am
it took me 3 attempts to get my money from them. but it came in time for christmas.
hgv lessons, hgv test, licence fee, medical, boots x 2 pairs. there was some other things. but i can’t remember what they were".
Are you saying your WHOLE LGV training was tax deductable■■?
Ummm…
if this is true (and I have no reason to disbelieve it) does anyone know how far back this can be claimed I passed my “C” just over 2 yrs ago and HI-AB just under 2 yrs
many thanks
six years mate.
but don’t just take my word for it. get the p87 form, the booklet will tell all.
when i first got it, i think it was for chancing a pair of boots or something. but then it was “wey heyyyyyyy,kerrrrching”
if it turns out that what i have said is a load of bull, then please tell everyone that i’m full of [zb]. but i assure you, you won’t be disapointed.
thanks pal
gotta be worth a go, nothing ventures and all that
if I get the full amount back I think I will do class 1
then claim that back
then ADR
claim that back
and so on , the list is almost endless
I’m not sure about the rules for claiming expenses for training but for other expenses remember the words—
Wholly, Exclusively and Necessarily in the performance of your duties
if there is any possibility of private use in what you supply then a % will be deducted
How many protective gloves to you buy each year?
Some companies only supply x amount of straps when you start and you return x amount when you leave
What happens inbetween? yes you aquire some but do you also buy the odd one on the road?
IF there was a recognized Trade Union for drivers the Union would have an agreement with HMRC for a flat rate expense as other Unions have but that would not prevent you from making a claim on form P87 for other expenses
I personaly knew a country plod who ran the station from a room in his home (Police house) and claimed as far down as paper clips and pins!!!
cos his local HQ did not supply these
these, he claimed, were wholly, exclusively and necessarily for keeping his reports etc together
Always remember you can argue with your local Tax Man. He only interprates the Taxes Acts his way
If you have a dispute take time, go to your local library and read the Taxes Acts. There used to be a section dedicated to Lorry Drivers but not sure about that now as it’s a few years since I needed to read them myself
"When you can get tax relief for professional fees and subscriptions
It may be that in order to do your job you need to have your name included on a professional register or to have a special licence. Or it could be that it’s very helpful to belong to an organisation whose activities are relevant to your work. Either way you’ll pay registration fees or membership subscriptions - usually every year. You may be able to deduct the cost of these from your taxable income and reduce the amount of tax you pay.
You can get tax relief on professional fees and subscriptions as long as:
you have your name on a register, hold a licence or are a member of the organisation in question because it’s necessary or relevant to your work…"
"When you can get tax relief for professional fees and subscriptions
It may be that in order to do your job you need to have your name included on a professional register or to have a special licence. Or it could be that it’s very helpful to belong to an organisation whose activities are relevant to your work. Either way you’ll pay registration fees or membership subscriptions - usually every year. You may be able to deduct the cost of these from your taxable income and reduce the amount of tax you pay.
You can get tax relief on professional fees and subscriptions as long as:
you have your name on a register, hold a licence or are a member of the organisation in question because it’s necessary or relevant to your work…"
Wheel Nut:
By Jove. Limey. I think you may have got it.
When you can get tax relief for professional fees and subscriptions
It may be that in order to do your job you need to have your name included on a professional register or to have a special licence. Or it could be that it’s very helpful to belong to an organisation whose activities are relevant to your work. Either way you’ll pay registration fees or membership subscriptions - usually every year. You may be able to deduct the cost of these from your taxable income and reduce the amount of tax you pay.
You can get tax relief on professional fees and subscriptions as long as:
you have your name on a register, hold a licence or are a member of the organisation in question because it’s necessary or relevant to your work
woodlands:
Is claiming it back only possible if you are self employed or Ltd Co?
expenses are expenses whether you are an employee or s/e
a Ltd Co cannot claim the expenses that an employee (Director ) claims but if he uses the company account then it could be classed as a company expense
thereby reducing the company tax bill which at year end gives the Director a bigger dividend
As I’ve said before on here claim everything you spend on what you use in your job
the Tax Man will either allow or disallow and then argue with him
As in all walks of life there is the reasonable and the unreasonable, treat them as you would wish to be treat
I’ve known employees reply to awkward letters on wallpaper and even toilet roll
they usually get the book thrown at them and rightly so
if you are claiming back a few years consider is it worth while taken time off and ask for an interview
or spend a few quid of your hard earned money on an accountant BUT make sure he/she knows income tax for the transport industry