Private ruling: Self-education expense
Date of advice: 8 October 2024
Published: 18 November 2024
Ruling period: Year ended XX 20XX. | Year ended XX 20XX.
Date scheme commenced: XX 20XX

Ruling: Q1: Are you entitled to a deduction for self-education expenses for the subjects you currently studied under section 8 - 1 of the Income Tax Assessment Act 1997 (ITAA1997)? | A1: Yes. Studying these subjects enables you to maintain and improve your skills or knowledge that you exercise for your daily income-earning activities.

Relevant facts and circumstances: In XX 20XX, you commenced current employment with your current employer. Your duties as a recruitment manager are: • Understanding the needs, products and services of the business to get the best candidate. • Finding and hiring quality candidates in all locations within the country. • Developing and executing a superior talent acquisition campaign. • Building networks across various platforms and pipeline talent for sustainable growth. • Making use of data to tailor and refining talent acquisition strategies. • Marketing and expanding sourcing strategies to reach out to more qualify candidates for long-term resourcing planning. • Cultivating strong employer branding. • Reporting on progress in recruitment update meetings with management. • Monthly reporting to the CEO / preparation of board reports. • Managing the Recruitment Team on a day-to-day basis. • Training and developing recruitment specialists to achieve recruitment goals. • Conducting 1:1 and reviews with recruitment specialists. • Implement a marketing plan to build brand awareness to candidates. • Developing and coordinating all marketing material required. • Developing strong external stakeholder relationships with third party suppliers. • Negotiating remuneration packages with candidates. • Preparation of new employment contracts. • Discussions with candidates around employment offers and contract clauses. • Managing all talent acquisition for all staff across all levels of the business. • Building strong relationships and working closely with multiple stakeholders. • Preparation of monthly Board Reports. • Data collection to create extensive talent profiles. • Forecasting future resourcing needs. • Regular coaching for mentoring business units to equip them with best practices. • Identifying areas of improvement for the selection, hiring and onboarding process. In XX 20XX, you enrolled to study course A with subjects currently completed being: • Contract Law for Managers. • Human resource Management. • Leading, Managing and Developing People. • Managing developing and Implementing Strategy. You are undertaking the course because the course will allow you to implement learnings and improve your skills and knowledge in your current role. You are using Fee-Help to support the payment for the course. You have no intention of chaning your employment after completing the course.

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