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Edited version of private advice
Authorisation Number: 1051759914001
Date of advice: 26 October 2020
Ruling
Subject: Self-education expenses
Question
Is the study and related costs of a course of education a deductible as a self-education expense?
Answer
Yes. Your self-education expenses are deductible, as it is accepted the study meets the requirements detailed in Taxation Ruling TR 98/9. Further information about self-education expenses can be found by searching 'QC 31970' on ato.gov.au
This ruling applies for the following periods:
Year ending 30 June 20XX
Year ending 30 June 20XX
Year ending 30 June 20XX
The scheme commences on:
1 July 20XX
Relevant facts and circumstances
You are employed as a consultant.
You have related educational training.
You are seeking to advance your education in the field in which you are employed.
You intend to commence a course of education during the 20XX financial year.
The course fees will be covered by FEE HELP.
Relevant legislative provisions
Income Tax Assessment Act 1997 Section 8-1
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