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Where Taxpayers and Advisers Meet

Can I claim tax back on international Msc study?

Dk2108
Posts: 1
Joined: Sat Mar 05, 2016 9:01 am

Can I claim tax back on international Msc study?

Postby Dk2108 » Sat Mar 05, 2016 9:06 am

Hi everyone, would be very grateful for any advice

I have just returned from australia having completed a masters degree there in physiotherapy. i have been working and paying taxes etc in the UK for 3 years prior to this on a 25k per year wage and completed all but the last 4 months of the course from the UK as distance learning while still working full time in the UK.

The masters itself cost £19k as an international student to the university of Western Australia.

My question is: should I be elegible to claim some of this back from the HMRC as it was part of my own education and out of my pocket? And how best should I go about this to get the max I am entitled to (if any)

I'd really appreciate any help or guidance you can offer...

Many thanks

bd6759
Posts: 3069
Joined: Sat Feb 01, 2014 3:26 pm

Re: Can I claim tax back on international Msc study?

Postby bd6759 » Sat Mar 05, 2016 6:00 pm

There is no tax relief available for the cost of education.

philr85
Posts: 8
Joined: Mon Mar 16, 2015 7:28 pm

Re: Can I claim tax back on international Msc study?

Postby philr85 » Wed Jul 11, 2018 1:40 pm

Hi there,

I have pretty much exactly the same question regarding education while self employed. I have just received an unconditional offer to study a masters degree related to the field in which I'm currently self employed.

My question is, have the rules changed since this post (as it was originally posted in 2016) regarding claiming back the cost of education for a self employed person? Surely work related courses, (first aid or similar, for example) are educational and often necessary for someone to do their job, therefore should be applicable for tax relief?

Thanks

P

AnthonyR
Posts: 268
Joined: Wed Feb 08, 2017 2:33 pm

Re: Can I claim tax back on international Msc study?

Postby AnthonyR » Thu Jul 12, 2018 3:29 pm

HMRC haven't changed their stance unfortunately.

https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim35660

Bottom line is if it gives you a new skill (or qualification) then it's a capital expense and not allowable against profits. If it refreshes or updates existing knowledge (CPD) then it is allowed.
Anthony Rogers LLB CTA TEP
Fusion Partners LLP
anthony@fusionpartners.co.uk

scorpions321
Posts: 3
Joined: Thu May 03, 2018 10:53 am

Re: Can I claim tax back on international Msc study?

Postby scorpions321 » Fri Aug 03, 2018 10:23 am

Unfortunately no way. I haven't heard any.


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