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Old 18th Mar 2010, 10:26
  #453 (permalink)  
Wally Mk2
 
Join Date: Dec 2008
Location: melb
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I agree 'DT"

I spoke to my accountant just recently about this very thing & he showed me Tax rulings to the effect that the course costs are not claimable if they are outside yr 'current' activities meaning if you fly for Joe Blogs using PA31's etc that an A/C endo of the likes of an A320 is considered outside & therefore not claimable.
Also to gain another position such as a job with J* or Tig's for Eg by getting such a rating then that also is not allowed for the claiming of tax deductions.
If the endo is to improve yr current work activities then it would be claimable.This is the way I read it as per the ATO's paperwork..........bumma for all those hoping.

Then again I guess you can ask the ATO for a private ruling on such matters & if they say no then that's that but if they say yes then they (ATO) have no come back on you during a tax audit for Eg sometime latter.

Obviously all of the above is just the way I see it & one should seek independent advice for their own circumstances:-)

Keep saving those receipts for pencils etc

Wmk2
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