PPRuNe Forums - View Single Post - ATPL Subjects, Tax Time!!!!
View Single Post
Old 11th Jul 2014, 11:33
  #3 (permalink)  
Bounceferret
 
Join Date: Sep 2009
Location: Not home
Age: 39
Posts: 62
Likes: 0
Received 0 Likes on 0 Posts
I asked a friend (Senior CPA) a very similar question.
His answer:

If it is an education expense directly related to your current occupation (regardless of employer) in order to advance/further your career, it's a legitimate claim.
You cannot claim initial costs in order to gain employment. Eg. CPL training / initial CIR

Rule of thumb. It's ok if you're going to pay more tax as a result of further educating yourself in your chosen occupation, providing you're actually paying tax.

I'd still be double checking with the accountant filing your return though.
Bounceferret is offline