SELF EDUCATION EXPENSES

Taxpayer’s name	Richard WISEMAN
Place of education		Qualification	M. Ed.
Nexus between major studies and current income Schoolteacher studying part-time for a masters degree in education.

CATEGORY A
Course fees		1036
Textbooks		437
Stationery
Home study		83
Photocopying & postage		35
Student union
Computer-related expenses
Internet
Car expenses (log book or 1/3)
Other travel
Accommodation
Other			TOTAL A	1591
CATEGORY B
Decline in value (deprn) from schedule			TOTAL B
CATEGORY C
Repairs to equipment			TOTAL C
CATEGORY D
Car expenses (cents/km or 12 per cent)		353	TOTAL D	353
CATEGORY E
Non-deductible travel		201
Capital costs (self-edn portion)
Child care related to self-education
Other			TOTAL E	201
$250 MINUS [ C ( ) plus D (353) plus E (201) ] =				0	F (cannot be a minus amount)
			A – F =	1591	G (cannot be a minus amount)
B
C
D	353
G	1591
Total item D4	1944

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