Year-End Tax Settlement Deduction Guide
CLASS101 is an online platform for learning hobbies, and has been recognized as a 'Remote Lifelong Education Facility' under the Lifelong Education Act.
However, as it is not an accredited educational institution, payments cannot be deducted as educational expenses. Deductions are processed under the following categories depending on the payment method used.
Payment Method | Deduction Category |
|---|---|
Credit Card | Credit Card Deduction |
Bank Transfer | Cash Receipt Deduction |