Can I claim the LinkedIn Learning Yearly Subscription on Tax, If I do work related courses frequently on it?

Hey Guys,

I work in IT and I like to keep up to date with things and do some regular learning like watching videos and stuff to keep my mind up to date with the latest things in my field. I was wondering am I able to claim the yearly subscription of linkedin premium which offers unlimited linkedin learning courses on my tax return?

I am planning to do regular courses related to my position at work and not some random stuff or something that I may want to do in the future, it is purely related to my work, for example like if we use Jira then ill do a course on that and then about outlook or about Power BI if I use that, whatever it may be that I use currently.

I think I should be able to do this but I'm a little hesitant if I cant, I will just be purely using it for courses and all for work related stuff, none of those other things that come with it.

I appreciate what you guys think and perhaps give me a push in the right direction. :)

Cheers!

Related Stores

LinkedIn
LinkedIn

Comments

  • -2
  • -2

    I generally assume "yes" for tax deduction based questions.

  • I doubt you can claim a deduction for an expense that is for simply "browsing" prospective learning courses, as distinct from the costs incurred for actually undertaking a course.
    BUT, you accountant can better advise you.
    Maybe even the ATO can advise?

    • Thanks Ocker, I won't be browsing any random courses but I'll be doing the ones that help improve my skills as a coordinator

  • Depends on if you use linkedin premium for non work related purposes.

    The ATO has advice specifically on linkedin premium - slightly different use case, but very close:
    https://www.ato.gov.au/Individuals/Income-and-deductions/In-….

    • Thanks Domingo, I checked that one out before but I think it relates to using the premium account for recruiting. I'll just be using it for courses related to what I'm using at work.

      • +1

        It is a worked example that is indicative of your situation. The tax office can't include examples of every scenario. It explains to you how the rule is interpreted and applied.

        Braeden doesn't use his premium subscription for any other purpose as he uses his other social media platforms to engage with family and friends.

        Braeden can claim a deduction for Recruiter Lite LinkedIn Premium to the extent he uses the service for work related purposes.

        He calculates his deduction as follows:

        Subscription cost per month × number of months purchased × work-related use

        $129.99 × 9 months × 100% = $1,169.91

        Would you use it only for work related purposes? If so you could claim it, as per the example where the ATO states that Braedan (Broden??) can deduct 100% of the fee because he is only using it for work purposes. If you use it for non work purposes as well, you would need to apportion how much you are using for work vs how much you are using it for non-work related purposes.

        • Oh I see what that means, thanks that matches up with exactly with what I wanna do!!

  • Ask your tax accountant.

    Or put it through and let the ATO audit you to see if it is legit for deductions.

    • Ahahaha I'm a bit hesitant to get audited, I'm wondering if someone has put it in the past and it worked out for them?

      I asked my accountant and he says it's fine if the courses are helpful in improving your knowledge on your job. I wonder what other people think though

      • You already have advice from a qualified professional, your question is already answered.

  • Tax office has a help line, ask them.
    Also, it's probably on their website regarding training / upskilling in your current job.

    • Thanks, I appreciate it. I'll give em a ring tomorrow and see what they think. I wanna get it sorted before tax time

      • can you let us know what they say? tia

        • +2

          Hey MechanicalCanine, I spoke with the ato and my local library today. The ATO said I definitely can claim it on my tax if I'm using it for work purposes only and only do courses related to my skills set. So that's good to know.

          Another person shared that I get in touch with my library cause they offer it for free and sure enough I called them and she said we have other learning platform access to for free, all I gotta do is bring my license and sign up for free so I'm going to be doing that.

          Will save me around 300 bucks and I'll still be able to get the certs etc.

  • +2

    Check your local library; ours has LinkedIn Learning free access!

    • +1

      Thanks @beefabear77 I actually called up my local library today and they said they do offer it. It's also free to join up there and they have other access like udemy and stuff so tbh, I'm gonna go and join up and use it!

  • +1

    Sorry, I am a bit late, but yes, as long as you are developing skills that are needed at work OR you intend to use the skill in immediate future ( like it you are a coordinator/ admin role, and you are doing a Proj Manager course to move up to be a project manager, it is tax deductable if you are praying for it ( not your employer)).

    Out of interest, which library offers these?
    I am also in Sydney, and would love to make use of LinkedIn learning and Udemy for free.
    I have been paying from my own pocket till now.

  • +1

    This is great !! I had the same question but for a different platform.

Login or Join to leave a comment