Phone: (03) 9563 4688

Email: office@aubreypaton.com.au

Address: 17D Chester Street, Oakleigh VIC 3166

Latest Accounting News
Hot Issues
Covid-19 resources
COVID-19: Early Childhood Education and Care Relief Package
Now I’m working from home, what can I claim?
Global statistics plus Covid-19 updates
ATO clarifies COVID-19 rent relief concerns
Banks to defer small-business loan repayments for 6 months
Historic $130bn wage subsidy to cover 6 million workers
Stage 2 – Covid-19 stimulus package.
Covid-19 Update - Small Business
PM launches $17.6 billion virus stimulus plan
SG amnesty bill passes Parliament
ATO flags most common SMSF return mistakes
Expected GDP by country 2010 to 2100
ATO expands small business review pilot
A resource hub for our clients.
Risks when dating documents in 2020
Australian Taxation Office (ATO) debts may affect your credit rating
Statistical picture of Australia - Update
Absentee Property Owner – Tax Whack - Victoria
Debate heats up around $10k cash ban bill
There’s still time to move to Single Touch Payroll (STP)
Real Time World Population Growth - Wow!!
ATO audits continue to target Lifestyle assets
Property deduction errors down to ‘lack of understanding’: ATO
Data can be great stuff! - Australia
GST refunds for returned imported goods
14k employers, $230m in super: Financial Services Minister defends proposed SG amnesty
Bushfires 2019–20 (ATO)
Accounting profession responds to bushfire crisis
Helping your business survive a natural disaster - ATO
Single Touch Payroll (STP) – now ensure super is paid on time.
Beware of Australian Taxation Office (ATO) impersonation scams
Australia by the Numbers
‘Visible, valued and owned’: ATO outlines super priorities for new year
Introductory Rates & Interest Free Periods
Articles archive
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Quarter 3 of 2009
Articles
Seniors - do you hate your mobile phone?
Big Brother - Bricklaying Benchmarks
Seniors Health Card
Medicare levy low-income thresholds
News from George and John
Transfer files securely using our website.
Australian Taxation Office Defers Tax Debts
Super Fund Members may be Entitled to more Age Pension
Seniors - do you hate your mobile phone?
Seniors Supplement for self-funded retirees
1st July 2009 Start Dates
Education Tax Refund (ETR)
HELP (and HECS) Repayment Thresholds
Entrepreneurs Tax Offset (ETO)
Non-commercial Losses
Superannuation Deductions Reduced
Adjusted Taxable Income
Restriction of Exemption for Overseas Employment Income
Education Tax Refund (ETR)
This tax claim in 2008 tax year helps eligible families and independent students meet the cost of primary and secondary school education.

Families and approved care organisations can claim 50% of their eligible educational expenses while the child attends school, if:-

  • they received family tax benefit (FTB) Part A for the child, or
  • an allowance was made for the child that stopped them from receiving FTB Part A for that child

Independent students may also be eligible to claim the ETR

The maximum you can claim is 50% of eligible expenses up to:-

  • $750 for each eligible child in primary school
  • $1,500 for each eligible child in secondary school

Expenses in excess of the limit are carried forward as long as you are still eligible.

You do not have to be eligible for the entire year to be entitled to claim the ETR.  If you have shared care of the child, the claim is pro-rated.

Eligible education expenses are items that support education, for example:-

  • computer related costs, internet
  • software
  • school textbooks
  • prescribed trade tools

Education expenses that are not eligible include:-

  • school fees
  • school uniform
  • supporting equipment
  • school subject levies

 



27th-July-2009