Private ruling: Income tax - work related expenses
Date of advice: 17 December 2020
Published: February 2021
Ruling period: Year ending 30 June 20XX | Year ending 30 June 20XX | Year ending 30 June 20XX
Date scheme commenced: 1 July 20XX

Ruling: Q1: Are you entitled to a deduction for peer supervision fees incurred to maintain your professional licence? | A1: Yes. Your peer supervision fees are deductible, as it is accepted the expense meets the requirements detailed under Income Tax Assessment Act 1997 section 8-1. Further information about 'Deductions you can claim' can be found by searching ' QC 31967' on ato.gov.au

Relevant facts and circumstances: You work in the health industry. You undergo peer supervision at a cost of $XX a session. You incur this cost and are not reimbursed. The supervision cost is a requirement for your ongoing professional development and to maintain your relevant industry licence. The peer supervision enables you to debrief with an experienced peer after each week of conducting sessions with clients. You provided a copy of the relevant guidelines which shows that you must complete peer supervision to satisfy Continuing Professional Development requirements and to maintain your license registration.

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