SELF EDUCATION EXPENSES 2007 Basic Chapter 4 Q 4b

Taxpayer’s name	Damir
Place of education	TAFE	Qualification	Apprentice chef
Nexus between major studies and current income Apprentice chef.

CATEGORY A
Course fees		1044
Textbooks
Stationery
Home study
Photocopying & postage
Student union
Computer-related expenses
Internet
Car expenses (log book or 1/3)
Other travel		160
Accommodation
Other			TOTAL A	1204
CATEGORY B
Decline in value (deprn) from schedule		156	TOTAL B	156
CATEGORY C
Repairs to equipment		83	TOTAL C	83
CATEGORY D
Car expenses (cents/km or 12 per cent)			TOTAL D
CATEGORY E
Non-deductible travel
Capital costs (self-edn portion)		1250
Child care related to self-education
Other			TOTAL E	1250
$250 MINUS [ C ( 83 ) plus D ( ) plus E ( 1250 ) ] =				0	F (cannot be a minus amount)
			A – F =	1204	G (cannot be a minus amount)
B	156
C	83
D
G	1204
Total item D4	1443

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