Instructor rating

huey · Postby **huey** » Tue May 27 2008, 06:56

Hi,

Just wondering if anyone knows if you can claim back tax relief on money spent on an instructor rating. This is of course if you are already employed as a pilot.

Huey

ERSA · Postby **ERSA** » Tue May 27 2008, 09:54

You sure can !

Pear Head · Postby **Pear Head** » Thu May 29 2008, 14:03

You could have the institution invoice you in two chunks. One this financial year and one next.

Whereas hardward (helmets etc) can be depreciated over a period of years, training is taken in one chunk and that's that.

Depending on your circumstances i.e if it will take you over your max benefit, you may be better off spreading the expense over two tax years....

This does not consitute advice and I welcome correction from experts, officals, ASIC, Rudd's Mum, whoever. Just a thought, that's all.

huey · Postby **huey** » Fri May 30 2008, 11:09

Thanks lads for the advice, I've been bush for a few days so away from the PC.

Huey