Training Costs

Does ACCA's tuition and exam fees an allowable deduction for corp. tax purposes in a company providing accounting and bookkeeping services.

While it is difficult to argue the wholly & exclusively rule but the primary purpose of the training and qualification is to obtain more clients and hence should be allowable as I understand.

I want to know if any of you experienced this before either personally or when dealing with any client's affairs.

Thanks

Mohammed.

 

 

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Why

thisistibi |
thisistibi's picture

Need more information ...

Old Greying Accountant |
Old Greying Accountant's picture

Thank you Old Greying Acc

Gladstone |