Claim tax deductions for work-related study and training

Maximise your 2024–25 tax return: Can you claim self-education expenses?

If upskilling or professional development is on your agenda this year, you may be eligible to claim self-education expenses in your 2024–25 income tax return. With the right guidance, these deductions can reduce your tax liability and make your investment in learning even more worthwhile.

What qualifies as a self-education expense?

Self-education expenses may arise in a variety of professional development contexts, including:

• Enrolment in formal or informal courses at educational institutions.
• Training programs delivered by industry or professional bodies.
• Work-related conferences and seminars.
• Self-paced learning programs or study tours—domestically or abroad.

Am I eligible to claim?

To be eligible, there must be a clear and direct connection between your education and your current employment income. Your studies must either:

• Maintain or improve the specific skills or knowledge you require in your current role; or
• Be likely to result in an increase in your income from your existing employment.

It’s important to assess the relevance of your coursework. If only certain subjects or components directly relate to your job, your expenses will need to be apportioned accordingly.

What can I claim?

If you meet the eligibility requirements, you may be able to claim a range of related expenses, such as:

• Tuition and seminar fees (for full fee-paying places).
• General course-related costs such as stationery and internet.
• Depreciation of study tools, including laptops.
• Transport between home, work, and your place of study.
• Accommodation and meals if your course requires overnight stays away from home.
• Interest on loans taken to fund deductible self-education expenses.

Why partner with PKF?

At PKF, we understand that navigating the tax implications of professional development can be complex. From determining your eligibility to accurately apportioning expenses and ensuring full compliance with ATO guidelines, our experienced advisors can provide personalised, strategic support.

Whether you're an employee seeking to maximise deductions or an employer considering how to support your team's upskilling in a tax-effective way, PKF is here to help you unlock value and stay ahead.

Ready to make your professional development work for you? Contact your local PKF office today and let us help you maximise your return while investing in your future.