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This edited version has been archived due to the length of time since original publication. It should not be regarded as indicative of the ATO's current views. The law may have changed since original publication, and views in the edited version may also be affected by subsequent precedents and new approaches to the application of the law.

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Edited version of your written advice

Authorisation Number: 1051391016713

Date of advice: 29 June 2018

Ruling

Subject: Self-education expenses

Question

Are you entitled to claim a deduction for your self-education expenses?

Answer

Yes

It is accepted that the Masters Degree course will maintain or enhance the skills that are required in the performance of your current role. Consequently, the self-education expenses incurred have the necessary and relevant connection with the earning of your assessable income. You are entitled to a deduction under section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997) for self-education expenses.

This ruling applies for the following period:

1 July 2017 to 30 June 2023

The scheme commences on:

1 February 2018

Relevant facts and circumstances

You are employed full time as an engineer for a company. Your role includes co-ordinating and providing leadership and direction to other engineers and sub-contractors on site during the execution of specific scopes.

Subjects offered through the course include;

You advised the benefits of undertaking the course will assist in improving your leadership style and provide strategic ways of managing on site.

You will be working full-time while undertaking part-time study.

Your employer has offered to financially contribute towards the course per year and has offered study leave assistance.

Your employer sees value in undertaking this course, as it will assist you in your current job and for your future career development within their organisation.

It is expected that the course will be completed in four years.

Relevant legislative provisions

Income Tax Assessment Act 1997 section 8-1

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