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Edited version of private advice
Authorisation Number: 1052130764984
Date of advice: 19 June 2023
Ruling
Subject: Work related expenses
Question
Are your self-education expenses an allowable deduction under section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997)?
Answer
Yes.
Based on the information provided to the Commissioner the self-education expenses are an allowable deduction under Section 8-1 of the ITAA 1997 as they have the relevant connection with your current employment activities.
This ruling applies for the following periods:
Year ending 30 June 20XX
Year ending 30 June 20XX
The scheme commenced on:
1 July 20XX
Relevant facts and circumstances
You are currently employed by an organisation as a specific type of professional.
You have been employed in this position for several years.
For a number of months, you have been on approved leave.
A program you are involved in requires traveling overseas.
During this period, you will be working in a professional capacity overseas.
You will attend conferences during this period.
The program will assist in improving your professional capabilities.
You will maintain full time employment status with your employer and will be on full pay during this time.
You will be paid a travel grant by your employer, which will be recorded as an allowance in your annual payment summary.
The program is an employer supported program that provides a period of release from normal duties.
You had to submit a formal application that was reviewed and approved by your employer.
You intend on claiming a number of deductions.
Relevant legislative provisions
Income Tax Assessment Act 1997 section 8-1