Private ruling: Work Related Expenses – Self-Education
Date of advice: 27 August 2018
Published: October 2018
Ruling period: Period ended 30 June 2018
Date scheme commenced: 1 July 2017

Ruling: Q1: Are you entitled to a deduction for expenses incurred in completing a Masters at University? | A1: Yes Your self-education expenses for the Masters at University are allowable deductions. You have established sufficient connectivity to your current position as a Consultant in accordance to the ATO view contained in Taxation Ruling TR 98/9 Income tax: deductibility of self-education expenses incurred by an employee or a person in business .

Relevant facts and circumstances: You are currently employed as a Consultant with a company. You commenced employment in this position prior to enrolment in your Master’s course. You commenced studying a Master’s at University. You are completing this course of study to deepen your knowledge in your field so as to support your clients. You hold a letter of support from your employer in relation to your studying a Masters at University. You have support from your employer in the form of study leave. You complete your study whilst at work as well as in personal time.

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