I will be starting in a graduate role with one of the tier 1 strategy consultancing firms, specifically financial consulting.
I am about to work out my exact net salary after all deductions took place. I am aware of the PAYE system in the UK, but am not sure about possible deductions one can claim.
If I for example purchase books related to my education and professional expertise (e.g. financial theories, management, etc.) would it be possible to claim a tax refund for them or use them to reduce my taxable salary?
I am hoping someone could clarify this problem for me.
Thanks a lot - I found this forum quite useful to gain a preliminary insight into the consulting world