Coalition abolishes self-education cap
November 7, 2013
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Minister for Education Christopher Pyne has welcomed the abolishment of the cap.
“With the vast bulk of claims for self-education expenses coming from those earning less than $80,000, this was a cap on those on the frontline of the health and education sector,” says Pyne.
The previous Government announced a cap of $2,000 on tax deductibility for self education expenses as a part of their $2.8 billion worth of cuts to higher education.
“Removing this restriction to self-education will help to encourage investment in education and skills,” says Pyne.
