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Edited version of private advice
Authorisation Number: 1051740045955
Date of advice: 15 September 2020
Ruling
Subject: Self-education expenses
Question
Are you entitled to a deduction for course fees you incurred of $XXXX?
Answer
Yes
The course fees you have incurred to complete the courses are deductible under section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997. Self-education expenses incurred in attending educational institutions are deductible under section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997) where the expenses have the necessary connection in gaining or producing the taxpayer's assessable income.
In your situation we are satisfied that the courses you have undertaken have enabled you to perform more complex work within your team and improve the skills and knowledge required to undertake the work that forms part of your roles and responsibilities you undertake as part of your current employment.
This ruling applies for the following period:
30 June 20XX
The scheme commences on:
1 July 20XX
Relevant facts and circumstances
You commenced working for XXXX on a casual basis recently.
Your specific job title is Team Member and you work as part of a team that manages risks relating to specific projects.
In your application, you included a letter from your employer outlining your specific roles and responsibilities.
You are currently studying a double degree at university. You commenced this degree several years ago.
Prior to becoming a permanent Australian resident, you completed 3 courses at university.
You have provided information about the content of these courses and their relevance to your current employment.
These courses required you to pay an upfront course fee. You were not reimbursed for the cost of these courses.
You have received a Graduate Offer from your employer for a position as a Graduate Consultant, provided you successfully complete your degree.
Relevant legislative provisions
Income Tax Assessment Act section 8-1
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