Government removes cap on education expenses

[fly_tornado]

So does this mean that farmers and miners can get their GA or RAA licences as tax deduction?

 

 

[poteroo]

So does this mean that farmers and miners can get their GA or RAA licences as tax deduction?

You wish! You'll still have to pass the ATO test of the expenditure must be with the intention of using the qualification increase your ability to produce income (that we can tax). And, if you use an RAAus PC in an RAAus aircraft to produce income - then you fail the CASA test of your flying cannot be of a commercial nature, (training excepted). There have been some quite detailed threads on this over at the dried plum website - use the search function. It may have been on this site also?? happy days,

 

 

[Nev25]

You wish! You'll still have to pass the ATO test of the expenditure must be with the intention of using the qualification increase your ability to produce income (that we can tax).

Thought that was the case already if a Farmer gained his Licence for checking cattle, Crop dusting etc

 

). And, if you use an RAAus PC in an RAAus aircraft to produce income - then you fail the CASA test of your flying cannot be of a commercial nature, (training excepted). ,,

Remember they are primary Producers they have special rules

 

 

[poteroo]

Thought that was the case already if a Farmer gained his Licence for checking cattle, Crop dusting etc

 

 

Remember they are primary Producers they have special rules

From memory, you have to pay for your own initial licence/certificate, convince ATO that your aircraft is doing essential work to earn income - and only after that will they look at allowing a full deduction on the costs of recurrent training and that for higher licences. Just how CASA sees these agricultural uses is unclear. As they are 'out-of-sight', my guess is they don't want to know about it. happy days,

 

 

[rankamateur]

if you use an RAAus PC in an RAAus aircraft to produce income - then you fail the CASA test of your flying cannot be of a commercial nature

What about in the course of running your own land? Sorry , should have read on!

 

There are some pretty restrictive insurance clauses that will need to be struck out for seed spreading operations at my place.

 

 

[ahlocks]

....Just how CASA sees these agricultural uses is unclear. As they are 'out-of-sight', my guess is they don't want to know about it. happy days,

No, CASA is very clear that agricultural operations on land owned and occupied by the owner of the aircraft is a private operation.

 

 

[winsor68]

No, CASA is very clear that agricultural operations on land owned and occupied by the owner of the aircraft is a private operation.

It kind of makes sense when you think about it. The aircraft (be it C206 or Gyro) is a useful tool in Outback Australia and is no different to a Dirt Bike or a good horse...

 

 

[ahlocks]

I'd be very surprised if the ATO considered a broadacre cockie claiming an aeroplane as much different to a small operation claiming a four wheeler motorbike.

 

 

[poteroo]

I'd be very surprised if the ATO considered a broadacre cockie claiming an aeroplane as much different to a small operation claiming a four wheeler motorbike.

Correct re the equipment - but it's the initial training that's more difficult to claim a full deduction for. As for 'agricultural' operations....yes, I understand that it can be done on a PPL - but this thread was about using an RAAus aircraft for this sort of work. I'm sure that they cannot be used for ag work, and also sure that anyone wanting to fly ag work, on a PPL in a GA aircraft - needs an ag rating (big cost there and the ATO would choke!). No different to mustering - the low level + a mustering endorsement is needed. happy days,

 

 

[ahlocks]

..but this thread was about using an RAAus aircraft for this sort of work. I'm sure that they cannot be used for ag work.

.... you are quite correct Potters. 95.55 does specifically exclude agricultural operations.

 

[rankamateur]

I'd be very surprised if the ATO considered a broadacre cockie claiming an aeroplane as much different to a small operation claiming a four wheeler motorbike.

Or a boomspray rig.