No employment income tax liability arises in respect of expenditure incurred by the employer in paying or reimbursing retraining-course expenses of an employee (or past employee)1. Provided the necessary conditions are met, the expenditure is allowed as a deduction in computing the taxable profits or as a management expense of the employer; see B2.428. Retraining-course expenses consist of2:
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(a)ÌýÌýÌýÌý course fees
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(b)ÌýÌýÌýÌý examination fees
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(c)ÌýÌýÌýÌý the cost of essential books, and
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(d)ÌýÌýÌýÌý those travelling expenses that would be allowable3 if the employment continued, and attending the
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