Education Tax Refund
Education Tax Refund
If you’re eligible for the Education Tax Refund you could get 50% back on a range of primary and secondary school education expenses. The ATO has now published a list of eligible items, please keep any receipts now that children are back to school.
The ETR entitles you to claim 50% of eligible education expenses up to the maximum claimable amounts . For the 2011 Tax Year these are:
· $794 for each primary school child – that’s a maximum refund of $390 for each primary school child you have, and
· $1,588 for each secondary school child – that’s a maximum refund of $779 for each secondary school child.
What items can I claim?
Eligible expenses include the cost of buying, establishing, repairing and maintaining any of the following items:
· laptop computers and home computers
· computer-related equipment such as printers, USB flash drives, as well as disability aids to assist in the use of computer equipment for students with special needs
· computer repairs
· home internet connections
· computer software for educational use
· school textbooks and other printed learning material, including prescribed textbooks, associated learning materials, study guides and stationery, and
· prescribed trade tools for secondary school trade courses.
What items can’t I claim?
The type of items you can’t claim include:
· school fees
· school uniform expenses
· student attendance at school-based extra curricular activities such as excursions and camps
· tutoring costs
· sporting equipment
· musical instruments
· school subject levies - for example, payment for consumables for particular subjects such as woodwork, art or home science
· building levies
· library book fees
· school photos
· donations
· tuck shop expenses
· waiting list fees
· transport
· membership fees, and
· computer games and consoles.
