5 min
Can I claim a tax deduction for training activities? Australian College of Professionals
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- Courses
Small businesses with an aggregated annual turnover of less than $50 million will be allowed an additional 20% tax deduction for external training courses delivered to employees by registered training providers. This tax boost applies to eligible expenditure incurred from 29 March 2022 to 30 June 2024. The Australian College of Professionals is a registered training provider that meets the criteria for the provision of training that will attract this additional tax deduction for its students. Check out the Small Business Commissioner’s website for additional information.
Small businesses with an aggregated annual turnover of less than $50 million will be allowed an additional 20% tax deduction for external training courses delivered to employees by registered training providers. This tax boost applies to eligible expenditure incurred from 29 March 2022 to 30 June 2024. The Australian College of Professionals is a registered training provider that meets the criteria for the provision of training that will attract this additional tax deduction for its students. Check out the Small Business Commissioner’s website for additional information.
5 min