Study loans - how does it work for tax?
By Marc Sevitz · Updated
If I took out a personal loan to pay for a course on the internet to further my studies, can I claim anything back on the loan. The course is in a different line of work so the company will not pay for it. Regards
You borrowed money from the employer or the bank?
Hi Tim
I borrowed money from the bank, but personal loan and not a study loan.
Regards
I borrowed money from the bank, but personal loan and not a study loan.
Regards
Unfortunately this is a personal transaction so you cannot deduct anything against this.