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Edited version of private advice
Authorisation Number: 1052304114932
Date of advice: 12 September 2024
Ruling
Subject: Self-education expenses
Question
Will the course fees be deductible under section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997)?
Answer
Yes. You are entitled to claim a deduction for your self-education expenses, in the year the expense was incurred.
You have shown that there is sufficient connection between the course of self-education and your then current income earning activities and it is accepted the study meets the requirements detailed in Taxation Ruling TR 2024/3 Income tax: deductibility of self-education expenses incurred by an individual.
This ruling applies for the following period
Year ended 30 June 20xx
The scheme commenced on
1 July 20xx
Relevant facts and circumstances
On xx xx 20xx, you were granted a Visa.
On xx xx 20xx, you were granted a different category of Visa.
On xx xx 20xx, you commenced a full-time course at an education institution.
On xx xx 20xx, you were granted a different category of visa and this remains valid.
You will complete the course by xx xx 20xx.
The tuition fees total an amount of $.
You are not receiving Government assistance for your self-education expenses.
You have not been reimbursed by your employer for the tuition expenses.
You have been employed in the profession since 20xx.
You are currently employed on a casual basis in the role at an employer.
Your employer supports you undertaking the course by allowing you to take personal leave to attend exams.
Your employment duties include a variety of tasks.
Relevant legislative provision
Income Tax Assessment Act 1997 section 8-1