Are you a parent who receives Family Tax Benefit Part A?
With the end of another tax year looming, parents are reminded to compile records of any expenditure relating to their children’s education for the Education Tax Refund [ETR]. The Education Tax Refund is designed to support parents by offering refunds for their children's eligible education expenses of up to:
a. $375 per year for primary school students; and
b. $750 per year for secondary school students.
Eligible Expenses | Ineligible Expenses |
Laptop Computers | School Fees |
Home Computers | School Uniforms |
Printers | Musical instruments |
USB flash drives | Donations |
Disability aids to assist with computers | Building Levies |
Computer repairs | Transport |
Home internet connections | Tutoring |
Educational computer software | Sporting equipment |
School textbooks | School photos |
Stationery | Computer games |
Prescribed trade tools for secondary courses | Tuckshop expenses |
Parents can claim a refund for these education expenses in their income tax returns at the end of the financial year.
Please contact us for further information or if you have any questions.
By Sophia
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