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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: 1051636849885

Date of advice: 03 March 2020

Ruling

Subject: Self-education expenses

Question

Are your out of pocket self-education expenses deductible?

Answer

Yes.

Your self-education expenses are deductible, as it is accepted the course of study and expenses related to the course, meet the requirements detailed in Taxation Ruling TR 98/9.

Note:

·         You advised you were not going to claim for your Module 1 course fees as they were paid under the HELP scheme. Although course fees paid under HECS-HELP are not deductible, those paid under FEE-HELP are deductible. Therefore, you should confirm under which HELP scheme they were paid as they may be deductible.

 

·         If your employer reimburses part of your expenses, then you cannot claim a deduction for the amount of the expenses that have been reimbursed.

·         The amount of your deduction for self-education expenses may have to be reduced by $250. Further information about this, and self-education expenses generally, can be found by searching 'QC 31970' on ato.gov.au.

This ruling applies for the following periods:

Year ending 30 June 2020

Year ending 30 June 2021

The scheme commences on:

1 July 2019

Relevant facts and circumstances

You are employed as a senior manager.

You have enrolled into a post graduate management course.

Your employer supports your further study by paying an amount up to a maximum of $xx,xxx per year.

Relevant legislative provisions

Income Tax Assessment Act 1997 Section 8-1

Income Tax Assessment Act 1936 Section 51AH

Income Tax Assessment Act 1936 Section 82A