Private ruling: Self-education expenses
Date of advice: 3 September 2018
Published: October 2018
Ruling period: Year ended 30 June 2019.
Date scheme commenced: 1 July 2017.

Ruling: Q1: Can I claim a deduction for the course fees incurred whilst studying a Master’s Degree? | A1: Yes. | Q2: Can I claim a deduction for the cost of transport, accommodation and meals incurred whilst studying a Master’s Degree? | A2: 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 on a full time and permanent basis. You have enrolled in a Master’s Degree. The course will further develop your skills and knowledge of your current employment. In addition, the subjects you will undertake in the course will expand your knowledge in areas relevant to your employment position. Your employer has recommended that you undertake this course and is encouraging you to complete the Master’s Degree. Your employer has provided you with paid leave, mentors for the duration of the course and monitor your academic progress. You pay the full cost of course fees, transport, accommodation and meals- you are not reimbursed by your employer or receive a taxable bonded scholarship. You have and intend to pay course and other fees in the 2017/18 and 2018/19 Financial Years.

Relevant legislative provisions: Income Tax Assessment Act 1997 section 8-1 ATO view documents | Taxation Ruling TR 98/9