Private ruling: Self-education expenses
Date of advice: 8 July 2020
Published: August 2020
Ruling period: Year ended 30 June 2020 | Year ending 30 June 2021 | Year ending 30 June 2022
Date scheme commenced: 1 July 2019

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 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 enrolled in a course on a part-time basis. You incur expenditure for textbooks/consumables and tuition fees in relation to the course. You are currently employed. Your employer will support you throughout the course by providing study leave. In completing the course your current role will not change; however, in future with the successful completion of the course it will lead to an increase in pay from your current role.

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