Capping self-education expenses a ‘backward step’
Federal Budget measures limiting tax deductibility for work-related self-education expenses will undermine workforce professional development, Engineers Australia claims.
“If the government expects the Budget’s infrastructure and nation-building projects to be delivered to a world-class standard, then its policies need to encourage a world-class workforce,” said Stephen Durkin, Chief Executive Officer of Engineers Australia. “Capping work-related education tax deductions at an unworkable $2000 is not a viable way of achieving this.
“The government’s proposal sidesteps the reality that ongoing professional education is not a luxury, it’s a fundamental requirement for a globally competitive workforce.
“A chorus of professional bodies spoke out against this tax measure when it was quietly released in a weekend media statement. Engineers Australia is deeply disappointed that commitments to consultation and transparent discussion have yet to eventuate.”
Those working in rural and regional Australia will be most affected by these measures, Durkin said, as they are often obliged to travel to major centres to undertake training and education, incurring high travel and accommodation costs.
“Any step that makes it harder for people to invest in their skills and expertise is a step backward for this country. If the government is truly committed to maintaining high-tech and innovative manufacturing and construction capability in this country, then professional education must be treated as a priority,” Durkin said.
“Engineers Australia strongly opposes this policy measure and we call on the government to reconsider its position as a matter of priority.”
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