Morning all,
Before i get told to search, i have!!
I am doing my tax return and the reply to the question of can i claim the MECIR is "its a grey area".
I am a multi IFR driver now but was working as an instructor at a flying school prior to this job. Whist i was instructing i was working part time for my current organisation on ground ops etc... I then began my MECIR and got it early this year. (my point being i was already employed at my current organisation BEFORE i began the rating). Since gaining the rating i have been driving the twin IFR and left instructing.
Now, according to the ETAX bit in the Deductions section:
"Remember, you cannot claim a deduction for your self education expenses if the course did not have a sufficient connection to your work activities even though:
- It might have been generally related to those work activities, or
- it enables you to get a new job "
Im aware that a tax consultant will know but has anyone got a definitive answer here? I have tried to read the legislation
but its even harder to find stuff than the bloody CAR's!!!! Now thats saying something!!
I would just say bugger it and submit it but the difference in the return is quite substantial and i reckon the tax man might have a look at me!!
Cheers.....
K
