You cannot rely on this record in your tax affairs. It is not binding and provides you with no protection (including from any underpaid tax, penalty or interest). In addition, this record is not an authority for the purposes of establishing a reasonably arguable position for you to apply to your own circumstances. For more information on the status of edited versions of private advice and reasons we publish them, see PS LA 2008/4.
Edited version of private advice
Authorisation Number: 1051524752017
Date of advice: 30 May 2019
Subject: Self-education expenses
Are your course fees paid through a FEE-HELP loan deductible?
Course fees paid are deductible under section 8-1 of the Income Tax Assessment Act 1997 where the taxpayer has obtained a loan for those fees under the full-fee paying students Higher Education Loan Programme (FEE-HELP), and the course is directly related to their current income earning activities.
In your case we accept that your course of study will help you to maintain and improve the skills and knowledge that you exercise in your main income earning activity. Therefore you are entitled to a deduction for the course fees that were paid though a FEE-HELP loan.
This ruling applies for the following period:
Year ending 30 June 2019
Year ending 30 June 2020
Year ending 30 June 2021
Year ending 30 June 2022
The scheme commences on:
1 July 2018
Relevant facts and circumstances
You are employed as a medical doctor.
You have enrolled in a course of Master of Medicine.
You incurred course fees under the full-fee paying student's Higher Education Loan Programme (FEE-HELP).
Relevant legislative provisions
Income Tax Assessment Act 1997 - Section 8-1