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Edited version of private advice
Authorisation Number: 1051779306045
Date of advice: 13 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:
XX XXXX 20XX
Relevant facts and circumstances
You are employed by XXXX as a project XXXX.
In this position you are responsible for managing projects and project teams.
You are undertaking a course that will assist you both in your current position and in obtaining a higher management position with your employer.
Relevant legislative provisions
Income Tax Assessment Act 1997 section 8-1