Coalition scraps Labor’s self-education cap

Nov 8, 2013 | Latest News

 Thursday, 7 November 2013

Alex

Hawke MP, Federal Member for Mitchell welcomed the announcement to ‘scrap the

cap’ made by the Treasurer, the Hon Joe Hockey MP.

Thousands

of nurses, teachers, doctors and other hard working locals in Mitchell will be

the big winners from the Coalition Government’s decision today to reverse

Labor’s cap on tax deductibility of self-education expenses.

“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, Alex Hawke said.

“Removing

the cap is great news for residents of Mitchell who would have struggled to

afford critical education courses and vital self-accreditation, said Alex Hawke.

“The previous Labor 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.”

“Locals

in Mitchell should have access to necessary training to maintain their

professional accreditation and skills and by scrapping the cap the Coalition

will ensure this is possible,” concluded Alex Hawke.