Tax deductability of Instructors rating
I began training as a GA instructor immediately after gaining my CPL .
I completed the rating in April 07 and have been earning small $ as a GA instructor since then.
Without repeating the responses above, would any body care to suggest if the deductability of the Instructor rating is any different to that of the MECIR.
My issue is that i never practically earnt any $ as a CPL, prior to getting the rating. Hence it was virtually a new line of work, rather than a skills extension to the CPL ( it depends how you argue the case)
Im looking at the Tax rulings at present and trying to find a concrete example of the same situation.
If anyone has clearly got the deduction in similar circumstances i would love to hear from them.
Aeroguy - hobart