Income Tax Assessment Act 1997
You cannot deduct under this Act:
(a) - (c) (Repealed by No 56 of 2010) (ca) Higher Education Support Act 2003 paid to a higher education provider (within the meaning of that Act); or (cb) 4 of that Act; or (cba) 3A of the VET Student Loans Act 2016 ; or (cc) 2 of the Student Assistance Act 1973 ; or (cd) 3 of the Trade Support Loans Act 2014 ; or (ce) (d) a payment made to reduce a debt to the Commonwealth, or to a participating corporation, under Chapter 2B of the Social Security Act 1991 or Part 4A of the Student Assistance Act 1973 .
[ CCH Note: S 26-20(1) will be amended by No 61 of 2023, s 3 and Sch 1 item 134, by substituting " Australian Apprenticeship Support Loans Act 2014 " for " Trade Support Loans Act 2014 " in para (cd), effective 21 February 2024 or a single day to be fixed by Proclamation.]
Subsection (1) does not stop you deducting expenditure you incur in * providing a * fringe benefit.