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Measures to assist with training
How to finance your language training ?
Our professional career requires us to train ourselves continuously throughout our lives. Training enables each individual, who wants to progress within their company,to improve their skills within their field. Â Nevertheless, good training comes at a cost, and the question of budget very soon becomes one of the criteria when making the decision to start a course.
This is why the Luxemburgish State offers to deduct the cost of training from your tax when it is designed to improve your knowledge. There are 2 types of assistance, for businesses & individuals
Assistance for Businesses
The Luxemburgish State, through its intermediary the l’INFPC, takes care of part of the in-company training costs, by way of co-financement. Each company can benefit from a contribution of up to 20 % gross (14 % net) of the total investment. This assistance can be explained in two ways :
- A direct assistance of 20 % gross
- A reduction in tax of 14 % of the total investment
Assistance for individuals
The State allows each person wishing to improve their skills for their own benefit an annual fixed reduction of 540 €. Learning a language to improve oneself falls within this category.
Attention This reduction is not available to people looking for work.
Our language training consultants at inlingua® Luxembourg would be happy to advise you on the steps to take to benefit from this fiscal advantage.
To learn more: http://www.guichet.public.lu/citoyens/fr/actualites/2012/01/05-depenses-deductibles/index.html
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