If you are in Computer business either as a Hardware Supplier or Internet Service Provider, with Government commited to education tax refund -- you got to be lucky...
The Education Tax Refund (ETR) helps eligible families and independent students meet the cost of primary and secondary school education.
Your potential buyer can claim the ETR for education expenses if they incur while their child attends primary or secondary school.
they received Family Tax Benefit (FTB) Part A for the child, or
a payment 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.
$750 for each eligible child in primary school - that is, a refund of up to $375.
$1,500 for each eligible child in secondary school - that is, a refund of up to $750.
If the buyer expenses exceed their refund limit for the year, any excess can go towards your following year’s refund claim, as long as they are still eligible.
The first year the buyer can claim the ETR is for the 2008-09 year (1 July 2008 to 30 June 2009).
Who is eligible?
The buyer had eligible education expenses for a child, and
the child was in primary or secondary school, and
The buyer received Family Tax Benefit (FTB) Part A for the child, or
a payment was made for the child that stopped them from receiving FTB Part A for that child, or
The buyer's child stopped full-time school during the year and received sufficient income to stop you receiving FTB Part A.
If the buyer is an independent student attending secondary school or a secondary course of education provided at an educational institution such as a TAFE, they may also be eligible.
The Education Tax Refund (ETR) helps eligible families and independent students meet the cost of primary and secondary school education.
Your potential buyer can claim the ETR for education expenses if they incur while their child attends primary or secondary school.
- The Families and approved care organisations can claim 50% of their eligible educational expenses if:
a payment was made for the child that stopped them from receiving FTB Part A for that child.
- The maximum they can claim is 50% of eligible expenses up to:
If the buyer expenses exceed their refund limit for the year, any excess can go towards your following year’s refund claim, as long as they are still eligible.
The first year the buyer can claim the ETR is for the 2008-09 year (1 July 2008 to 30 June 2009).
Who is eligible?
- The buyer are eligible to claim an Education Tax Refund (ETR) for the period 1 July 2008 to 30 June 2009 if:
the child was in primary or secondary school, and
a payment was made for the child that stopped them from receiving FTB Part A for that child, or
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