Private ruling: Self education expenses
Date of advice: 6 September 2022
Published: December 2022
Ruling period: Year ending 30 June 20XX
Date scheme commenced: Year beginning 1 July 20XX

Ruling: Q1: Are the expenses you incurred for the study of a Graduate Diploma deductible as self-education expenses as per section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997), including course fees incurred through the FEE HELP Student loan scheme? | A1: Yes. The Commissioner accepts that the study has a direct connection to your income producing activities as per Taxation Ruling TR 98/9 Income tax: deductibility of self-education expenses incurred by an employee or a person in business . Please note, in certain circumstances you may have to reduce your allowable self-education expenses by $250. However, you may have other types of expenses some of which are not allowable as a deduction that can be offset against the $250 before you reduce the amount you can claim for allowable expenses. For more information search for quick code QC 16918 at ato.gov.au.

Relevant facts and circumstances: You are a XXX. You came to an arrangement with your employer to reduce your XXXX load to accommodate the additional time required to complete the study. You are studying a Graduate Diploma. This course is to maintain and improve your knowledge in the area which you are employed to XXXX. Your course is a FEE HELP course.

Relevant legislative provisions: Section 8-1 of the Income Tax Assessment Act 1997