Private ruling: Deductions - self-education expenses
Date of advice: 23 November 2021
Published: February 2022
Ruling period: Year ending 30 June 20XX | Year ending 30 June 20XX | Year ending 30 June 20XX
Date scheme commenced: 1 July 20XX

Ruling: Q1: Are your self-education expenses deductible? | A1: Yes. Your self-education expenses are deductible, as it is accepted the study meets the requirements detailed in Taxation Ruling TR 98/9. Further information about self-education expenses can be found by searching QC 31970 on ato.gov.au.

Relevant facts and circumstances: You are employed full-time as a project manager. In this position you are responsible for managing projects and project teams. The position also involves business development. You are undertaking a Graduate Diploma in Business Administration through a University. You originally commenced this course in 20XX, studying two subjects per term. The Graduate Diploma in Business Administration is part of the part-time MBA. There are nine more subjects you are now studying to complete the part-time MBA after the Graduate Diploma in Business Administration. In 20XX you have taken a leave of absence and you are on full paid maternity leave. This ends in 20XX. You have reduced to studying one subject per term. This course includes subjects on leadership, business, management, finance, operations, marketing, managing people, economics, and data analysis. You are undertaking the course because you consider that the completion of this course will assist you in your current position and to obtain a promotion with your current employer. You will return to full-time employment in 20XX to the same position.

Relevant legislative provisions: Income Tax Assessment Act 1997 section 8-1