Self-education expenses - Private Binding Rulings Update

⏰ Tick tock, it’s PBR o' clock

Dear Commissioner,

We have an employee in role A currently on secondment to role B within the same employer, involving slightly different responsibilities. The employee has started a master's program with 16 subjects in relation to role B, supported by the employer through study leave, flexible hours, and a supporting letter emphasising skill and knowledge improvement. Can the employee claim a deduction for the master’s program fees?

___________

But wait there's another self-education expenses PBR...

Dear Commissioner,

An employee is heading abroad for an MBA in country A. They’ve thoroughly explained how each subject is linked to their current role in a detailed application. They aim to claim all expenses, including: vaccination, health insurance, tuition, accommodation, flights, meals, stationery, and more. Are any of the costs deductible to them?
___________

Think you know the answers? See if you are right by tuning into our latest Tax Nugget with Rose McEvoy and Jane Harris!

🚀 Stay ahead with unlimited access to 100+ live events per year and 200+ CPD hours of engaging tax training videos
www.taxnuggetsacademy.com.au