Income tax: can weekly income foregone by employees on the Training and Skills (TASK) program be considered an education expense and, therefore, an allowable deduction under subsection 51(1) of the Income Tax Assessment Act 1936?

Taxation Determination TD 92/136 is withdrawn with effect from today.

The Determination is no longer necessary. It advises that the weekly income foregone by trainees under the Training and Skills (TASK) program is not an allowable deduction. The TASK program was altered in 1994 with the result that weekly income is no longer foregone.