No matter whether you work for a company or you are self-employed, tuition fees are fully tax deductible if you pay taxes in Austria. The only prerequisite is that the program can be regarded as further education for your current job or as training for a related profession. Generally speaking, this is true for all programs offered by the WU Executive Academy. Depending on your income, you can get up to 50% of the program fee back.
Not only are program fees fully deductible but so are all other costs incurred during your study program, such as travel expenses and accommodation. The tax advantage you enjoy in the form of a tax directly depends on your total income. This means e.g. for Austria: If you earn more than € 90,000 per year half of all costs will be refunded by the state. If you earn between € 60,000 and € 90,000 per year, approximately 48% will be refunded. Other countries do have similar tax arrangements, slightly varying from the Austrian system. For detailed information in this regard please refer to the responsible institution of the respective country.
Information about tax deductions in Austria is available:
Mutual cost reduction
All information is supplied without guarantee.