Hello Stephanie, I am Keith, one of the experts on Just Answer, and happy to help you with your question.
Sorry, just grin an bear it as far as UK taxation is concerned. Only training to enhance existing skills can be offset against self employment income, not for new skills. Here is the Accounting Web advice on the subject:
'Deductions for the self-employed
HMRC views about training course for the self-employed is set out in Tax Bulletin 1G, which became Revenue Interpretation (RI) 1. It says: "Where attendance at a course is intended to give business proprietors new expertise, knowledge or skills which they lack, it brings into existence an intangible asset which is of enduring benefit to the business. We take the view that the expenditure is therefore of a capital nature, and deduction is prohibited by ICTA88/S74 (f) (now s.33 ITTOIA 2005).
"On the other hand, where attendance is merely to update expertise etc. which proprietors already possess, the expenditure is normally regarded as revenue expenditure and will be deductible if it satisfies the `wholly and exclusively for the purposes of the trade' test in ICTA88/S74 (a) (now s.34 ITTOIA 2005).'
I am so sorry to have to rain on your parade.
Well not actually, unless your employer is paying for the training, not you. Ross Martin explains it thus:
'This can be a confusing topic: if an employer provides work related training it is specifically allowed for tax. If an employee orchestrates their own training there is perceived to be a benefit and no deduction is allowed.
I am so sorry not o be able to come up with a more helpful answer Stepfanie, but tax law and practice in this matter is against you.
Please be so kind as to rate me before you leave the Just Answer site.
In the UK it is most certainly not tax deductible and never has been although you may be able to obtain a higher education grant to offset your expenses from your local authority or other sources.
I never gave you a link, merely a quotation, but if you want to read the Ross Martin opinion you can find it here:
As far as UK tax concessions are concerned it is a non starter.
Thank you for your excellent support.