Tag: expenses

‘Scrap the cap’ campaign a success

A proposed cap on tax-deductions for work related self-education expenses has been delayed until 2015 due to a successful campaign waged by an alliance of professional organisations including the Australian Veterinary Association. The Federal Government announced the new changes, to come into effect on July 1, 2014, prior to any […]

ATO announces $2k cap on self-education expenses

An Australian Government announcement that tax-deductions for work related self-education expenses will be limited to $2000 per person per year penalises well intentioned vets, according to the Australian Veterinary Association. The cap, which comes into effect on 1 July 2014, is designed to yield savings to help fund the Government’s […]