Phone: (03) 9563 4688

Email: office@aubreypaton.com.au

Address: 17D Chester Street, Oakleigh VIC 3166

Latest Accounting News
Hot Issues
Federal Budget 2018 - Overview
Your Budget
4 components of our 2018 Federal Budget
Resources to help understand and implement Single Touch Payroll (STP)
New rules capture SMSFs trading big with cryptocurrency
New passive income test for lower corporate tax rate
Tools to help you manage your financial position are available on our site.
‘A simple mistake can attract our attention’: ATO reminder about FBT slips-ups
Australia by numbers – Update
Beware residency rules if moving overseas
Meaningful tax reform in high demand
Working holidaymakers and tax returns
Single Touch Payroll – 1 April 2018 Action
Property investors on notice after ATO spots false claims
ATO issues update on cryptocurrency compliance traps
Australia's vital statistics
Accountants spy elder abuse spike as mortgage stress sets in
Tax office releases fresh guidance on SMSFs
Labor's tax plans could favour the rich, analysis shows
FBT Reminder – Odometer Reading
Our website is really our digital office.
‘Substantiation will be a key focus’: ATO drums in tax time 2018 hit list
Super changes: $1.6 million transfer balance cap and death benefit pensions
Payroll, compliance issues top dodgy practices in Aussie business
Employee travel expense deductions
The Goldilocks effect - Economic and market update 4Q 17
Tax assessments confirmed for undisclosed business income
Super returns on the up despite clients’ hesitation
Australia. All you need to know to be the expert.
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