Private ruling: Income tax - self-education expenses
Date of advice: 2 March 2019
Published: May 2019
Ruling period: Financial year ending 30 June 2019 | Financial year ending 30 June 2018
Date scheme commenced: 1 July 2017

Ruling: Q1: Are you entitled to a deduction for self-education expenses? | 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 employee who works full time as an Assistant Management Accountant at XXXX. You commenced work there in 20XX. You have been in the current position since 20XX. You enrolled in a XXXX course in 20XX at XXXX. You commenced the course in May 20XX. You intend to complete the course in 20XX. You are a part time student. Your employer encourages the study and provides study leave. You are paid to attend class. You enrolled in this course to extend your knowledge and skills. On completion you believe your knowledge and skills will be improved in your current employment and will lead to an increase in assessable income. You’re expected to be eligible for promotion within the same organisation once you finish the course. Your study fees are paid via FEE-HELP. You have received a salary increase due to your professional development. You have provided supporting documentation including a list of subjects, payment summary, study leave forms, position descriptions, tax invoices and FEE-HELP statement.

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