50% REFUND - ATO

Did you know the ATO will refund 50% of your purchase cost when buying educational products.

Also PLP kits are GST free giving you extra savings.

Your purchase of PLP Reading Kits may be eligible for a 50% refund under the Australian Taxation Office’s Education Tax Refund Legislation (introduced from 1st July 2008).

 

The Minister for Education announced that as part of helping parents meet the cost of educating children will receive up to $375 (for primary school) and $750 (For secondary school) students per year for eligible expenses.  These expenses include for school text books and other supporting book materials, stationary, education software and computers.

 

Parents who do not normally lodge an income tax return can also claim the refund through the ATO. Families receiving Family Tax Benefit (Part A) and families with school children receiving Youth Allowance are eligible.

 

So you can buy a literacy reading kit NOW to help your child, keep the receipt and make a claim for 50% refund to the ATO.

 

FURTHER INFO:

http://www.ato.gov.au/taxprofessionals/content.asp?doc=/content/00167226.htm

 

FACT SHEET ATO

http://www.treasury.gov.au/contentitem.asp?NavId=035&ContentID=1394