Student’s tax claim upheld by High Court

Hundreds of thousands of youth allowance recipients will be able to claim their education costs as tax deductions as a result of a landmark High Court judgment delivered in Canberra today. The Commissioner of Taxation had appealed to the High Court to overturn a Federal Court ruling, which allowed former Australian Catholic University student Symone…

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Deductions for education expenses against Youth Allowance

The ongoing battle over educations expense deductions claimed by Youth Allowance recipients continues. The High Court heard the commissioner’s appeal against the decision of the Full Federal Court in FCT v Anstis (2009) 73 ATR 483 ON Thursday 29 Juy. According to the ATO, the High Court ‘is expected to announce its decision later in…

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$527 million in unclaimed Education Tax Refund

Figures from the Australian Taxation Office (ATO) have revealed that only half of all eligible Australian families have lodged a claim, leaving more than $500 million in unclaimed benefits. The Government is encouraging Australian families to keep their receipts from education related expenses so they can take advantage of the Education Tax Refund (ETR). The…

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