What is a tax deduction for training?
Tax deduction for training is an added calculatory deduction available to entrepreneurs introduced in 2014. It does not affect their right to deduct costs incurred by staff training, this right remains tax-deductible. The calculatory value of the tax deduction for training is about half of the wage costs of the time spent in training, and it is possible to claim a maximum of three training days per employee per year. The minimum claim is one whole training day (6 hours).
What type of employers can claim it?
What type of employees are applicable?
How to calculate the tax deduction for training?
Tax benefits for companies for going to trade fairs
22 October 2015
Companies should make more use of trade fairs in staff training. Few people know that the tax administration encourages companies to do this with an additional calculatory tax deduction.
The Union of Finnish Trade Fair Organisers, Secretary Reija Könönen (the Finnish Fair Corporation), tel. +358 (0)50 5604614, reija.kononen[at]messukeskus.com
The Union of Finnish Trade Fair Organisers was established in 1996 in order to promote the marketing of trade fairs and the cooperation between trade fair companies. Member companies include the Finnish Fair Corporation, Tampere Trade Fairs, Turku Fair Centre, Lahden Messut Oy, Jyväskylä Fair Limited, Nord Finland Fair, Expomark Oy, Pohjanmaan Expo Oy, Housing Fair Finland Co-op and Helsinki Fair Ltd Wanha Satama.
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