Tax write-off for training and skills developmentApr 08, 2022
On the 29th of March, the Australian Government announced a considerable tax write-off for businesses that invest in employee training and skills development.
Small businesses will be able to claim a bonus 20 per cent deduction for the cost of external training courses delivered to employees in Australia or online, by providers registered in Australia.
"Starting tonight, for every hundred dollars a small business spends on training their employees, they will get a $120 tax deduction, helping them become more productive and competitive."
- Treasurer Josh Frydenberg said in his speech.
oTuition courses purchased before 30 June 2023 may be eligible for this incentive. View all our courses here.