Tip 4 – Book and pay for Education expenses prior to 30 June, 2017
If you have training and PD hours planned for later this year, then you can book and pay for it prior to 30 June, 2017 so that it can be fully deducted in the 2017 tax return. Even if the training is to take place after the end of the financial year, this is still allowable so long as the funds have cleared from the account.
Disclaimer: This article contains general information only and is not intended to constitute financial product advice. Any information provided or conclusions made, whether express or implied, do not take into account the investment objectives, financial situation and particular needs of an investor. It should not be relied upon as a substitute for professional advice.