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Education Tax Refund

Discussion in 'Accounting, Tax & Legal' started by MattR, 16th Sep, 2008.

  1. MattR

    MattR Well-Known Member

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  2. Billv

    Billv Getting there

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    Matt

    Thanks for the link.
    I've read through the document and it seems to me that private school fees cannot be claimed because private schools already receive a commonwealth subsidy.
    Is this correct?

    Cheers
     
  3. Enough Tax

    Enough Tax Member

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    BV that is correct school fees are not included. The Libs proposal did income them but not Labors. Labors doesn't even include uniforms. Also you must qualify for FTB A to get this.
     
  4. Billv

    Billv Getting there

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    Thanks
    Now I know why they did not get my vote...:D
     
  5. Enough Tax

    Enough Tax Member

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    Is that Labor or Liberal:confused:

    It's certainly one of the reasons I didn't vote Labor:D
     
  6. Billv

    Billv Getting there

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    Same here and from what I see so far it wasn't a bad decision
     
  7. Jacque

    Jacque Team InvestEd

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    Thanks for that Matt- I wasn't aware of these rebates. Though, I must say they hardly cover much these days, with all the "extras" on top of the fees. I now understand why my parents used to moan all the time about never having any change after handing out money to the five of us for excursions, incursions, charity days, book club etc. The wallet and purse drain just never stops when you've got school aged kids....!!
     
  8. MattR

    MattR Well-Known Member

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    That's why I sold mine!
     
  9. Mark Laszczuk

    Mark Laszczuk Well-Known Member

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    Yet another example of the 'Gimme Gimme Gimme' welfare, hand out, the Govt owes me everything attitude!

    Mark
     
  10. Enough Tax

    Enough Tax Member

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    I see it as another example of why we need a fairer tax system that encourages ppl to acheive:D
     
  11. Mark Laszczuk

    Mark Laszczuk Well-Known Member

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    I absolutely agree we need to change the Tax System. Abolish refunds for school stuff and cut funding for private schools by 80% and give this money to public schools, for a start.

    Mark
     
  12. Enough Tax

    Enough Tax Member

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    That will only place a bigger burden on the Education system as those parents who struggle to send their kids to private schools are forced out. Afterall it's only 5% who are seriously rich who it wouldn't affect much. ;)