Private ruling: Self-education expenses
Date of advice: 9 December 2020
Published: March 2021
Ruling period: Year ended 30 June 20XX
Date scheme commenced: 1 February 20XX

Ruling: Q1: Are you entitled to a deduction for self-education expenses? | A1: Yes. Your self-education expenses are deductible as it is accepted that the study meets the requirements detailed 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 were employed full time as a Project Lead. You enrolled in a Bachelor degree part time. You reduced your hours to part time to take up full time study. The course will help you improve specific skills and knowledge in your role. The employer did not reimburse any of your expenses.

Relevant legislative provisions: Income Tax Assessment Act 1936 section 82A | Income Tax Assessment Act 1997 section 8-1