Private ruling: Self-education expenses
Date of advice: 8 October 2024
Published: 18 November 2024
Ruling period: Year ended 30 June 20XX | Year ended 30 June 20XX
Date scheme commenced: XX 20XX

Ruling: Q1: Are you entitled to a deduction for self-education expenses for the course fees incurred in studying subject A under section 8-1 of the Income Tax Assessment Act 1997 (ITAA1997)? | A1: Yes. Studying this unit enables you to maintain and improve your skill or knowledge that you exercise on your income-earning activity. | Q2: Are you entitled to a deduction for self-education expenses for the course fees incurred in studying subject B under section 8-1 of the ITAA1997? | A2: Yes. Studying this unit enables you to maintain and improve your skill or knowledge that you exercise on your income-earning activity. | Q3: Are you entitled to a deduction for self-education expenses for the course fees incurred in studying subject C under section 8-1 of the ITAA 1997? | A3: Yes. Studying this unit enables you to maintain and improve your skill or knowledge that you exercise on your income-earning activity.

Relevant facts and circumstances: You were employed with your current employer since XX 20XX as casual manager. As a manager, your duties as manager are: • Overseeing daily operation of the business, including managing staff by hiring, training and scheduling employees. You also manage the inventory, cash handling, and health and safety compliance. • Financial responsibilities include budgeting, controlling costs, tracking business's financial performance. • Maintaining the business's presence and building rapport with the local community. On XX 20XX, you commenced studying subject A at a university. On XX 20XX and XX 20XX, you enrolled to study subject B and subject C with the university. You enrolled in these courses in order to enhance your knowledge and maintain your skills in the industry. You are not a Commonwealth supported student. You have fully paid for the courses. You intend to remain employed with the same employer for a few more years.

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