Claiming tax back on Peer course
Oct 11th 2009, 4:00 am
#1
Canary who flew the nest
Thread Starter
Joined: Apr 2008
Location: Bunbury WA
Posts: 65
Claiming tax back on Peer course
Hello all,
Leaving it late to put in my tax return i know, but just wondering if anyone has claimed back all flights, accom, course, licence fee & mutual recognition transfer in their end of year accounts.
I passed my course in tax year 07/08 a week before the tax year ended so did not earn enough to put in a tax return in 07/08.
I was not working during studying because nobody would employ me without my A-Grade licence.
Am looking at claiming it all back this tax year but wondered how many years you get to claim?
Cheers
John
Leaving it late to put in my tax return i know, but just wondering if anyone has claimed back all flights, accom, course, licence fee & mutual recognition transfer in their end of year accounts.
I passed my course in tax year 07/08 a week before the tax year ended so did not earn enough to put in a tax return in 07/08.
I was not working during studying because nobody would employ me without my A-Grade licence.
Am looking at claiming it all back this tax year but wondered how many years you get to claim?
Cheers
John
Oct 11th 2009, 5:07 am
#2
Forum Regular
Joined: Feb 2008
Posts: 165
Re: Claiming tax back on Peer course
Hello All,
I believe you have to claim it in the same tax year that it was spent, so when you do your taxes for that year include your expenses.
Regards
Kevin
I believe you have to claim it in the same tax year that it was spent, so when you do your taxes for that year include your expenses.
Regards
Kevin
Oct 13th 2009, 7:19 am
#3
Canary who flew the nest
Thread Starter
Joined: Apr 2008
Location: Bunbury WA
Posts: 65
Re: Claiming tax back on Peer course
Cheers for that, not the answer i was hoping for as the tax year i did the course, i earned absolutely nothing! Oh well, better look at claiming a few other things then.
Oct 13th 2009, 9:24 pm
#4
BE Enthusiast
Joined: Feb 2006
Location: Melbourne
Posts: 980
Re: Claiming tax back on Peer course
NCFC;
regardless of NOT making a profit if you did your course in the current tax year & the course is educational for your job you can claim 100% back.
regardless of NOT making a profit if you did your course in the current tax year & the course is educational for your job you can claim 100% back.
Oct 14th 2009, 4:35 am
#5
Forum Regular
Joined: Jun 2008
Posts: 148
Re: Claiming tax back on Peer course
Hi,
I tried to claim back my expenses for the peer course but was told by my accountant that I couldn't because I was a trade assistant at the time and not an electrician. I tried to explain that I had to do the course to become an electrician and was told it didn't matter. talk about catch 22!!
Adrian
I tried to claim back my expenses for the peer course but was told by my accountant that I couldn't because I was a trade assistant at the time and not an electrician. I tried to explain that I had to do the course to become an electrician and was told it didn't matter. talk about catch 22!!
Adrian
