Private ruling: Work related expenses - self-education
Date of advice: 16 January 2020
Published: March 2020
Ruling period: Year ended 30 June 20XX | Year ending 30 June 20XX | Year ending 30 June 20XX
Date scheme commenced: 1 January 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 an in-house lawyer providing in-house legal counsel and advice to your employer. You were employed by your current employer in or around month 20XX. You were employed to perform legal work for your employer In month 20XX, in addition to your legal role you were tasked with assisting the commercial team in both a legal and non-legal capacity. In month 20XX, your employer approached you again about being involved in reviewing and analysing the business as a whole to improve efficiency and general operations. In month 20YY you commenced an MBA and have studied subjects that are relevant to maintaining or improving upon the skills required to perform your role. You are paying the fees for the courses upfront and expect to finish the course by month 20YY. Your place of employment is supporting you with your studies by providing you flexible working arrangements around exam periods and being accommodating with requests to leave work early.

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