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  • It is time to do that degree

    18 April at 15:07 from atlas

    The Australian Government has announced in a media release it would introduce a $2000 cap on tax deduction claims for work-related self-education expenses per person from 1 July 2014. Education expenses include formal qualifications and associated tuition fees, textbooks, stationery and travel expenses.

    In my view this will have enormous negative implications and hopefully will be knocked back, it is not law yet and even if it passes you still have a year. So if you have been holding off that degree, or diploma or conference. Think about it - its time.