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Something about Self Education expenses in ITR 2018. 8. Expenses you can claim in relation to your self-education:

• accommodation and meals (if away from home overnight)
• computer consumables
• course fees
• decline in value for depreciating assets (cost exceeds $300)
• purchase of equipment or technical instruments costing $300 or less
• equipment repairs
• fares
• home office running costs
• interest
• internet usage (excluding connection fees)
• parking fees (only for work-related claims)
• phone calls
• postage
• stationery
• student union fees
• student services and amenities fees
• textbooks
• trade, professional, or academic journals
• travel to-and-from place of education (only for work-related claims).

You must have receipts/invoices to substantiate the claim. Without the receipts, ATO can audit you and put heavy fines and penalties. You must visit Registered Tax Agent like us to get correct advice.

Lot of Taxpayers have done ITR themselves without any professional help and ATO is auditing them .
Believe us, it is not worth the audit. Our fees are full Tax – Deductible and you can claim as deduction in next year Income Tax Return… Get Free Tax refund estimate from us.. Just call 1300 768 284 or visit our website Today

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About the Author: Staff

Shannon is a journalist based in Calgary. Her work has appeared in New York magazine, Flavorwire, and Women in the World, a property of The New York Times.
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