Education Tax Refund – Keep Your Receipts!
Final year, $400 million in tax positive aspects went unclaimed by parents of school kids for education costs. This year, parents are being urged to keep their receipts for tax time for you to alleviate the monetary burden that back to school expenses location on lots of parents. The Australian government’s Education Tax Refund (ETR) scheme supplies as much as 50% back on a selection of children’s college expenditures for each primary and senior school students.
Having a require for new college books, textbooks, uniforms along with other equipment, the back-to-school period puts on a strain on a lot of parents purse strings. So be sure to have an understanding of how you may claim back as much as 50% of your child’s education costs come tax time.
– What can I claim? Under the ETR, parents can claim on education costs like home and individual laptops, laptop associated gear, … Continue reading >>>