u/maddenmadman

There is a lot said in here about Division 293. I'm well read on it.

My question, is do exams and professional development costs and courses that are tax deductible also reduce division 293 liability? I've had to spend substantial amounts on these things this financial year (about $30-40,000 worth). Trying to decide if that makes it a good time to use up all carry-forward concessions remaining. I'd be paying 293 on all of that normally, but likely not if these deductible claims reduce my 293 liability below the $250,000 threshold.