Private ruling: Self education expenses
Date of advice: 25 September 2019
Published: November 2019
Ruling period: Year ending 30 June 2020 | Year ending 30 June 2021
Date scheme commenced: 1 July 2019

Ruling: Q1: Are your self-education expenses an allowable 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 are a registered professional. You currently employed as a professional. You intend to enter a training program to receive a professional endorsement.

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