Private ruling: Work related expenses - self-education
Date of advice: 25 August 2020
Published: October 2020
Ruling period: Year ended 30 June 2020 | Year ending 30 June 2021 | Year ending 30 June 2022 | Year ending 30 June 2023
Date scheme commenced: 1 July 2019

Ruling: Q1: Are you entitled to a deduction for your self-education expenses? | A1: Yes.Your self-education expenses are deductible as it is accepted that the study meets the requirements detailed inTaxation Ruling TR 98/9 Income tax: deductibility of self-education expenses incurred by an employee or a person in business. Additional information It should be noted that the self-education expenses you can deduct may be subject to a reduction of up to $250 in accordance with section 82A of the Income Tax Assessment Act 1936 . For more information about self-education expenses including how to work out your deduction, search for 'QC 31970' at ato.gov.au

Relevant facts and circumstances: You are employed. Your position description specifies additional skills required to perform your role. You are studying a postgraduate degree related to your field of employment. You have undertaken X units to date and have incurred expenses. You will continue to incur expenses for the remaining units which are around the same cost. You will also incur expenses for texts books.

Relevant legislative provisions: Income Tax Assessment Act 1936 section 82A | Income Tax Assessment Act 1997 section 8-1