Originally Posted by
PiperCameron
Back in the good ol' days it was possible to claim all of ones flight training, ratings and endorsements as a business expense, although I believe the introduction of a tax of some kind (Fringe Benefits Tax?) killed some or all of those "perks" - along with large business lunches, golf days and various other activities folks of that era enjoyed.
What's the state of play these days? Is it possible for a lowly PPL to claim any flying training and not cop a significant tax penally without actually being employed as a commercial pilot??
Probably...But you'd need a damn good accountant to demonstrate it directly relates to you earning an income. So a schoolteacher is out. Garbo? Probably not. Greeter at Bunnings? Not a snowballs chance.
Farmer? Shearer? Even Doctor if you're a specialist and doing a lot of intrastate travel then there's probably a good argument to be made if it relates to you earning a crust - and that's the key phrase... It has to be directly related to you earning an income.