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Edited version of private advice
Authorisation Number: 1051777121095
Date of advice: 9 November 2020
Ruling
Subject: Self-education expenses
Question
Are your self-education expenses deductible?
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 period:
Year ended 30 June 20XX
The scheme commences on:
1 July 20XX
Relevant facts and circumstances
You are employed as 'XXXX General Manager' by your employer.
You are completing the 'General Management Program' through XXXX XXXX.
The course is being completed via correspondence, and there is no travel required for you to complete this course.
Your employer is not providing you any financial assistance to undertake this course, however they are providing you with paid study leave to be able to participate in this course.
Relevant legislative provisions
Income Tax Assessment Act 1936 section 82A
Income Tax Assessment Act 1997 section 8-1