TaxTMI 
TaxTMI 
is self development allowance is exempted
self development allowance
05 Jan 2016 
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Self development allowance classified as taxable income rather than an exempt allowance under income tax principles.
The allowance described as a self development allowance is not exempt and must be included in taxable income, being treated as an employment-related receipt rather than a non-taxable reimbursement or specific statutory exemption. (AI Summary)
The allowance described as a self development allowance is not exempt and must be included in taxable income, being treated as an employment-related receipt rather than a non-taxable reimbursement or specific statutory exemption. (AI Summary)