Private ruling: Income tax - deductions - self education expenses
Date of advice: 20 December 2019
Published: March 2020
Ruling period: Year ended 30 June 2019 | Year ending 30 June 2020 | Year ending 30 June 2021
Date scheme commenced: 1 July 2018

Ruling: Q1: Are you entitled to a deduction for your 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 a teacher. You undertook a Master's degree in a relevant field. You provided examples of how the Master's degree related to maintaining or improving your specific skills for your current position.

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