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    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    myTax works out the total amount you can claim for your work-related self-education expenses from the information you provide. If you would like to see how myTax works this out, use this worksheet.

    The worksheet adds up your self-education expenses under the following categories because, in working out what you can claim, certain costs are reduced by $250.

    Worksheet

    Row

    Category type

    Explanation

    Amount

    A

    General expenses

    and

    Car expenses where Calculation method is 'Logbook'

    General expenses that are deductible, including textbooks, stationery, student union fees, student services and amenities fees, course fees and public transport fares.

    Also includes car expenses (other than 'Decline in value' amounts) worked out under the 'Logbook' method.

    $

    B

    Decline in value

    Deductions for the decline in value of depreciating assets used for self-education, including computers.

    Also includes 'Decline in value' amounts for car expenses worked out under the Logbook method.

    $

    C

    Repair expenses

    Expenses for repairs to items of equipment used for self-education.

    $

    D

    Car expenses where Calculation method is 'Cents per kilometre'

    Car expenses related to your self-education for which you are claiming deductions under the 'Cents per kilometre' method.

    If you have included deductions for the decline in value of or repairs to your car under Category type 'Decline in value' or 'Repair expenses', you cannot claim car expenses under this category.

    $

    E

    Non-deductible expenses

    Self-education expenses that are not deductible, which are:

    • private costs, including non-deductible travel and childcare costs, and
    • capital costs, like the purchase price of a desk or computer.

    Do not include contributions you made under HECS-HELP or repayments under HELP, SFSS, SSL or TSL.

    $

    Step 1

    If you had any row A expenses, go to step 2. Otherwise, read on.

    Row

    Calculation

    Amount

    F

    Add rows B, C and D.

    $                   

    The amount at row F is the total amount you can claim for your work-related self-education expenses.

    Step 2

    Row

    Calculation

    Amount

    G

    Add rows C, D and E.

    $                   

    If the amount at row G is less than $250, go to step 3. Otherwise, read on.

    Row

    Calculation

    Amount

    H

    Add rows A, B, C and D.

    $                   

    The amount at row H is the total amount you can claim for your work-related self-education expenses.

    Step 3

    Row

    Calculation

    Amount

    I

    Take the amount at row G away from $250.

    $                   

    J

    Take the amount at row I away from your category A amount. If the result is zero or less, write 0

    $

    K

    Add rows B, C and D.

    $

    L

    Add rows K and J.

    $

    The amount at row L is the total amount you can claim for your work-related self-education expenses.

      Last modified: 28 Jun 2018QC 55462