Scrapping the cap will ensure a healthy future
What has been consuming a significant part of my professional time over the last few weeks — and that of most CEOs from the various associations — is Wayne Swan’s big legacy, the ‘Great Big Tax on Learning’.
The proposed $2000 cap on tax-deductible self-education expenses will negatively impact on anyone who is engaged in any type of self-education or professional development activity, be it mandatory or self-driven. Now that’s a lot of people.
A unique response to this proposed cap has resulted in the creation