Private ruling: Self-education expenses
Date of advice: 18 May 2021
Published: August 2021
Ruling period: Year ending 30 June 20XX | Year ending 30 June 20XX
Date scheme commenced: 1 July 20XX

Ruling: Q1: Are your self-education expenses deductible? | 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 have a number of qualifications relating to finance. You work for a financial institution. Your current employment duties include: • Effective management of project costs (e.g.: vendor, travel associated costs) • Ensure all customers of exited advisers are identified and customer files are retrieved from exited advisers accordingly • Ensure customer enquiries are dealt with in a timely manner • Ensure customer complaints are referred to the relevant area • Develop and implement a process to identify and liaise with various groups • Develop and maintain a plan to track progress of the project stream • Ensure issues are investigated, analysed and reported and escalated in line with your employer's policies • Working cooperatively, effectively and efficiently with all Project Leadership team members • Manage relationships with internal and external stakeholders • Project Governance - ensuring consistency and accuracy within Project approved principles and guidelines • Ensure business risks are appropriately identified and managed including appropriate risk mitigation plans • Ensure adherence to legislative and regulatory requirements and your employer's policies while maintaining current market and legislative industry knowledge. In 20XX you began a course of study. The course will consist of subjects all related to your current employment.

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


This ruling applies for the following periods: