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15 Nov 10 Claiming deductions for education expenses against youth allowance

Following the High Court decision in Anstis - see 2010 TAXVINE No 46 (12 November 2010) - the ATO says that it is giving the matter urgent attention and will release further information as quickly as possible.

In media release No 2010/010, issued 11 November 2010, the Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, said that the ATO will release its Decision Impact Statement as soon as possible after it has analysed the judgment.

"The Government acknowledges the High Court's decision and will carefully consider the judgment and Decision Impact Statement further before issuing a further response," Mr Shorten said.

 


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