I know you can claim up to whatever it is per child in primary school etc. That I get, but what I am not understanding is that in our situation we can only claim for running costs and internet usage of our computer as we don't buy txt books etc for the kids.
That is fine, but how do I work that out. I have the last 5 bills from our ISP provider, but surely I don't claim the whole cost of the internet, cause this PC is used for other stuff not just school related stuff. So how do I work out a portion. We also got rid of the bills from Optus when we used to be with them, not knowing at the time about the ETR and what was fully involved. So I have lost the first 7mths of the financial year with internet costs.
I also have two kids in primary school, so do I split the cost of what I claim between them.. I am guessing yes. But yeah my biggest issue is how do I get a figure if I am only claiming part of internet usage etc.
I don't want to go to an accountant just for a double sided form.
You can claim your whole internet costs, doesn't matter what it's used for. You should be able to get a statement from Optus so you can claim the $ that you spent with them as well. There's a list of the things you can claim on the ATO website, plus FAQ which are worthwhile checking out. If you do it over the phone, you don't need to send the receipts in unless they request them later on, so you've got a bit of time to collect those you don't have.
Did you keep the receipts from the school supplies you bought for this year (pencils, books, etc.)? That's claimable as well.
For my 2 school age kids, I claimed the whole $750 for one child on a new computer, then the other child had the remainder of the computer cost for hers, plus several months worth of internet costs to take it up to the $750 for her.
Oh I thought you could only claim part of the internet fees if it wasn't solely used for school use?.
As for the stationary, and books we dont buy it. It is all inclusive of the fees. Actually I will have to dig it out to see if it lists the cost of stationary etc independantely
I am unsure about it as well.. Dh did his tax the other day and was told he can't claim it this year?? I am almost certain thats wrong. He is going to query it..
Q30: Is there any need for apportionment of computer and internet costs if they are not used exclusively for educational purposes?
For the purposes of claiming the Education Tax Refund, no apportionment of costs is necessary
Nic - Do you claim the FTB for your kids, or is it in hubby's name. The ETR must be claimed by the person who receives the FTB, maybe that's why your hubby can't claim it?
Bookmarks