Loading
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
7 Aug 2022

Hi, I would like to know if Share Trading course fees and monthly subscription fees to develop/enhance investing skills in stock markets are tax deductable?

3,484 views
3 replies
3,484 views
3 replies

Most helpful response

Most helpful reply

EdenATO(Community Support)Community Support
9 Aug 2022

Hello there @detonator1961

 

Self-education expenses can only be claimed when they are connected to your current job. If this is the case they also need to:

Maintain or better the skills needed for that job

OR

Guarantee or have a good chance to result in a raise from that job.

 

If you are trading shares as part of a business you run it can be considered a business tax deduction.

Loading
Hi, I would like to know if Share Trading course fees and monthly subscription fees to develop/enhan | ATO Community