SELF EDUCATION EXPENSES 2007 Basic Chapter 4 Q 4a

Taxpayer’s name	Melanie
Place of education	TAFE	Qualification	Dip. Retail Tourism.
Nexus between major studies and current income Travel consultant studying part time for a diploma of retail tourism.

CATEGORY A
Course fees		649
Textbooks		217
Stationery
Home study
Photocopying & postage
Student union
Computer-related expenses
Internet
Car expenses (log book or 1/3)
Other travel
Accommodation
Other			TOTAL A	866
CATEGORY B
Decline in value (deprn) from schedule		139	TOTAL B	139
CATEGORY C
Repairs to equipment			TOTAL C
CATEGORY D
Car expenses (cents/km or 12 per cent)		208	TOTAL D	208
CATEGORY E
Non-deductible travel		104
Capital costs (self-edn portion)
Child care related to self-education
Other			TOTAL E	104
$250 MINUS [ C ( ) plus D ( 208 ) plus E ( 104 ) ] =				0	F (cannot be a minus amount)
			A – F =	866	G (cannot be a minus amount)
B	139
C
D	208
G	866
Total item D4	1213

26c/hr HOME STUDY CLAIM

This claim covers heating and lighting and depreciation of basic furniture (desks, bookcases etc, but not computer equipment) and carpet.

If furniture for the home study has been bought, and there are expenses for heating and lighting, a dual claim cannot be made.

Substantiation - for the amount under the threshold, and for Category E, no formal substantiation, but it should be possible to show how the money was spent.

For other expenses, the normal substantiation rules apply.

Codes:

K Study will improve skill in this occupation

I Study will lead to higher income in this occupation

O Other