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Edited version of private advice
Authorisation Number: 1052304413730
Date of advice: 12 September 2024
Ruling
Subject: Deductions - self education
Question
Are you entitled to a self-education deduction for the costs associated with undertaking a course in coaching for individuals, managers, and teams?
Answer
Yes.
Based on the information provided to the Commissioner you can have a deduction for the amount you paid for the course.
The course had the relevant connection with your employment in the relevant income year.
This ruling applies for the following period:
Year ended 30 June 2024
The scheme commenced on:
1 July 2023
Relevant facts and circumstances
You were employed by Employer Z in relevant income years.
You were employed in a technical role.
You undertook a course.
The course assisted you with various aspects of your role.
You paid for the course fees out of your own pocket.
You paid for the course during the relevant income year.
Your employer did not specifically ask you to undertake the course, but you did it for professional development.
Relevant legislative provisions
Income Tax Assessment Act 1997 section 8-1