Q&A6 Self Education Expenses

Q&A6 Self Education Expenses

Tax Planning Questions and Answers

Can I claim Self Education Expenses for a course I am undertaking?

Answer – Self-education expenses are deductible when the course you undertake leads to a formal qualification and meets the following conditions.

a) The course must have a sufficient connection to your current employment and:

  • maintain or improve the specific skills or knowledge you require in your current employment, or
  • result in, or is likely to result in, an increase in your income from your current employment.

You cannot claim a deduction for self-education expenses for a course that does not have a sufficient connection to your current employment even though it:

  • might be generally related to it, or
  • enables you to get new employment.

Source: http://bit.ly/1BLosLZ



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