All Articles / Career advice
All Articles / Career advice

Tax Deductible Courses for Professional Development

Are you interested in upskilling and advancing your career? Want to study from home with a flexible schedule that works around you? Monarch Institute offers industry-leading, online courses to equip you with the skills you need to succeed.

Dedicated to improving the accessibility of quality education, Monarch Institute’s range of courses are tax deductible. Explore our course options today and navigate your path to professional success.

What is a professional development?

Professional development is upskilling to support your role at work and can vary, but tends to be completed within a few hours, or over the course of six months. Monarch offers short courses which are non accredited (e.g not recognised as a formal learning pathway) and longer courses that are acredited (recognised by the Australian Government) and allow you to study at your own pace. Often with no formal prerequisites, you can hone your industry skills and receive guidance from industry leaders.

What courses can I do online?

Monarch Institute offers courses in finance and digital marketing, logistics, HR, accounting and bookkeeping, and more. All up there’s more than 50 courses you can choose from. If you’re looking to fill the missing links in your professional skill set you may beneift from a specific learning outcomes, such as Data and Web Analytics or Content Marketing.

Eligibility for self education expenses

Can you claim self education expenses?

Monarch’s courses are either formal qualifications or lead to formal qualifications and are therefore tax-deductible when they meet the following criteria:

  • The course maintains or improves the specific skills or knowledge you require in your current role, or
  • Completion of the course is likely to result in an increase in your current salary.

Which education expenses can I claim on my tax return?

Along with your tuition, you can claim the following work related self education expenses if you study an online course:

  • Cost of computer consumables (printer ink, software, USBs etc.)
  • Purchase of equipment or technical instruments
  • Home office running costs
  • Internet usage (excluding connection fees)
  • Phone calls
  • Postage
  • Stationery and textbooks
  • Purchase of trade, professional, or academic journals

Consulting the ATO about self education expenses being tax-deductible

If you’re planning on claiming costs for self education, it’s best to consult with the ATO to confirm that the course you’re enrolling in is directly related to your current role, and/or that the course is likely to result in a higher salary. Whilst you can’t claim the fees if they are paid by your employer, or any type of working from home occupancy expenses, the Australian Taxation Office says you’re able to claim a deduction for your general course expenses.

Can you use a course as an upskilling opportunity?

What is upskilling? Upskilling is the process of learning and acquiring new professional skills.

How can I upskill myself? A course is the perfect option to enhance your industry knowledge and skills. For busy professionals, courses provide an invaluable opportunity to develop the skills and expertise needed to increase earning potential without sacrificing a significant amount of time or money.

What courses are a potential fit for upskilling in your industry?

Whether you’re an entry-level employee looking to fast-track your career or an experienced worker looking to gain deeper knowledge within your industry, Monarch Institute has a course (or short courses) you can complete  online. Our globally recognised certifications allow you to study at your own pace, whenever and wherever you choose.

Accounting and Bookkeeping

Grow your skills to become a tax agent or take on a role as a bookkeeper.

Business Management and leadership

Learn how to kick start your dream or develop your leardership skills


Step up into a more senior role with a diploma of logistics.


A career in marketing offers the opportunity for diverse specialities.

Marketing short courses

Gain a deeper knowledge of your target market and learn how to leverage your strategic thinking, analytical, and technical skills to drive better business results with the following short courses:

  • Certified Digital and Social Selling Specialist
  • Content Marketing
  • Customer Experience (CX)
  • Data and Web Analytics
  • Digital Display
  • Digital Strategy
  • eCommerce
  • Email Marketing
  • Foundation Certificate in Digital Marketing Associate
  • Paid Media (PPC)
  • Search Engine Optimisation (SEO)
  • Social Media Marketing
  • UX and Web Design

Finance Industry

Start your journey towards becoming a financial advisor or paraplanner, with an advanced diploma of paraplanning.

Project Management

Formalise your existing project skills with a diploma of project management, and take on a promotion or leadership role.

Human Resources

Develop your people management skills with a diploma of human resources management course.

Finance and Mortgage Broking

Learn how to get great outcomes for your clients in this dynamic industry.

Information Technology

Get a qualification in IT and kick off your career in a fast evolving industry where the demand for workers is growing.


Learn the essential knowledge and skills needed to navigate the intricate legal processes involved in property transactions

Financial Services short courses

Stay on top of your game in the rapid, ever-evolving finance industry with the following short courses:

  • RG146 Professional Series – Gain an understanding of the foundations of financial planning, and learn about investments, superannuation, and insurance and risk management.
  • XPLAN Training – Learn how to develop a customer-centric strategy, and enhance your portfolio management, wealth solving, and risk research skills.
  • Navigating Financial Statements – Learn how to successfully interpret and analyse your company’s financial statements by studying balance sheets, profit and loss statements, asset management, profitability and debt management, market performance, cash flow statements, and common-size statements.

How often do companies offer work related self education expenses?

Many companies offer opportunities for continued learning and career development through employer-funded courses. Talk to your employer to learn more about their policy on work related self education expenses.

Thinking about taking a course for professional development? Learn more about Monarch Institute.

If you’re looking for a convenient, flexible way to improve your professional skill set, Monarch Institute can help you find the course that suits you. Our knowledgeable course consultants are able to identify skills gaps and prepare you for your educational journey. Contact us today and lay the groundwork for the career of your dreams.

Any questions? Ask away!