From 1 January 2012 (effectively) a ‘School Kids Bonus’ will automatically be paid to the parent who is eligible for Family Tax Benefit Part A.

 

            - $820 p.a. for each child at High School

            - $410 p.a. for each child in Primary School

 

There is no requirement to prove education expenditure, but keep your receipts for 2011/2012 until this becomes law.

 

For 2012 the full payment will be made in June 2012.

 

From 2013 half of the payment will be made in January 2013 and the other half in July 2013.

 

The last Education Tax Refund can be claimed in the 2010/2011 tax return. 

 

From 1 January 2012 (effectively) a ‘School Kids Bonus’ will automatically be paid to the parent who is eligible for Family Tax Benefit Part A.

 

            - $820 p.a. for each child at High School

            - $410 p.a. for each child in Primary School

 

There is no requirement to prove education expenditure, but keep your receipts for 2011/2012 until this becomes law.

 

For 2012 the full payment will be made in June 2012.

 

From 2013 half of the payment will be made in January 2013 and the other half in July 2013.

 

The last Education Tax Refund can be claimed in the 2010/2011 tax return. 

 

From 1 July 2010 the eligible parent will receive an education tax offset equal to 50% of key education expenses up to:

 

> $397 per child per annum undertaking primary studies for a claim of $794;

 

> $794 per child per annum undertaking secondary studies for a claim of $1,588. 

 

From 1 July 2010 the eligible parent will receive an education tax offset equal to 50% of key education expenses up to:

 

> $397 per child per annum undertaking primary studies for a claim of $794;

 

> $794 per child per annum undertaking secondary studies for a claim of $1,588. 

 

Eligible expenses include:

 

> education software;

 

> home computers and associated costs;

 

> home internet connection;

 

> laptops;

 

> printers;

 

> school text books;

 

> school uniforms (only from 1 July 2011);

 

> stationery;

 

> trade tools for use at school.

 

 

An Eligible parent includes one:

 

> who is receiving Family Tax Benefit Part A (only one parent is eligible);

 

> whose child receives Youth Allowance or other relevant payments.

 

For more details refer to the links below. 

 

Eligible expenses include:

 

> education software;

 

> home computers and associated costs;

 

> home internet connection;

 

> laptops;

 

> printers;

 

> school text books;

 

> school uniforms (only from 1 July 2011);

 

> stationery;

 

> trade tools for use at school.

 

 

An Eligible parent includes one:

 

> who is receiving Family Tax Benefit Part A (only one parent is eligible);

 

> whose child receives Youth Allowance or other relevant payments.

 

For more details refer to the links below. 

 

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