Private ruling: Self-education expenses
Date of advice: 26 October 2020
Published: December 2020
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: Is the study and related costs of a course of education a deductible as a self-education expense? | 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 employed as a consultant. You have related educational training. You are seeking to advance your education in the field in which you are employed. You intend to commence a course of education during the 20XX financial year. The course fees will be covered by FEE HELP.

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