Removing tax cap on self-education expenses a victory for common sense

Governance Institute of Australia welcomes the government’s decision to scrap capping self-education costs as it was an ill-conceived policy that would have disadvantaged those who need it most.

“It was clear from the start that those hat would have been most disadvantaged would have been women, those just starting out, those re-training and those requiring ongoing education to keep their skills relevant,” says Governance Institute’s chief executive Mr Tim Sheehy.

“Additionally, anyone travelling from rural and remote locations would have been seriously affected as very often these people have to travel vast distances to the eastern seaboard cities for essential accreditation conferences and classes.

“It is pleasing to note that the government recognises that education doesn’t finish once you leave an institution and that ongoing education and training is not just about maintaining the status quo but also about achieving much-needed gains in productivity,” Mr Sheehy concluded.

For further information contact Viv Hardy at CallidusPR on (02)9283 4113/ 0411 208 951 or Tim Sheehy on 02 9223 5744 or 0419 490 594.

About Governance Institute of Australia

Governance Institute of Australia is the only independent professional association with a sole focus on the practice of governance. We provide the best education and support for practising chartered secretaries, governance advisers and risk managers to drive responsible performance in their organisations.

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