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Deductibility of self-education expenses – making allowance for the youth allowance

Published on 01 Dec 09 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

The recent decision of the Full Federal Court in Anstis clarifies an aspect of the deductibility of self-education expenses. Significantly, it underscores the critical importance of carefully looking at the income side of the coin when applying the deduction side under s 8-1 of the Income Tax Assessment Act 1997 (ITAA97). This article examines the decision, this feature and also some of its implications.

Author profile:

David Babovic
David is a Barrister with Victorian Bar. He practises in taxation, constitutional and administrative law. David is also a sessional tutor in Taxation Law at the Melbourne Law School at The University of Melbourne. Current at 14 November 2011 Click here to expand/collapse more articles by David BABOVIC.
 
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