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Edited version of private advice
Authorisation Number: 1052253611466
Date of advice: 8 July 2024
Ruling
Subject: Work-related expenses - self-education
Question 1
Are you entitled to a deduction for self-education expenses for the course fees incurred in studying unit A under section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997)?
Answer
Yes.
Your self-education expenses for this unit are deductible under section 8-1 of the ITAA 1997 as the expenses have sufficient connection to your income earning activities. Further information about self-education expenses can be found in TR 2024/3 Income tax: deductibility of self-education expenses incurred by an individual.
Question 2
Are you entitled to a deduction for self-education expenses for the course fees incurred in studying your academic research task comprising unit B and unit C under section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997)?
Answer
Yes.
Your self-education expenses for these units are deductible under section 8-1 of the ITAA 1997 as the expenses have sufficient connection to your income earning activities. Further information about self-education expenses can be found in TR 2024/3 Income tax: deductibility of self-education expenses incurred by an individual.
This ruling applies for the following period
Year ended XX XXXX 20XX
The scheme commenced on:
XX XXXX 20XX
Relevant facts and circumstances
On XX XXX 20XX, you commenced studying a degree at the University.
On XX XXX 20XX, you were employed as a full-time casual summer intern at company A as part of their summer vacation program.
This position was a paid position.
Upon completion of the summer internship you accepted company A's offer to continue to employ you as a member of their team on a casual basis; with the intention for you to join their company as a full-time employee upon the completion of your university studies at the end of 20XX.
After working casually for XX months, company A offered you a part time position, which you declined as you wish to remain in casual employment until your studies are completed.
Your roles and responsibilities at company A are restricted to a specific field of knowledge which is closely related to unit A, unit B and unit C.
The cost per unit of study was $XX.XX.
The administration fee per unit of study was $XX.XX.
On XX XXX 20XX, you paid $ XX.XX for the two units.
You have not received Austudy, ABSTUDY or youth allowance.
You did not use a HELP loan to pay for tuition fees.
On XX XXX 20XX, you will complete both units.
You will undertake unit C in the second semester of 20XX.
Relevant legislative provisions
Income Tax Assessment Act 1997 section 8-1