Educational Tax Refund Expires June 30 2010

The Education Tax Refund (ETR) is a new Australian government initiative to help with the cost of educating primary and secondary school children. It means eligible parents, carers, legal guardians and independent students could get 50% back on some education expenses. This includes items like computers, educational software, textbooks and stationery.

Most people are eligible for the ETR because they receive Family Tax Benefit (FTB) Part A. However, there are some payments that prevent you from receiving FTB Part A, but which still entitle you to receive the refund. You can also claim the refund if you are an independent student. For more information, see Am I eligible?

You can claim the ETR each financial year for children in primary and/or secondary school, or if you are an independent student. You will be able to claim the refund from 1 July 2009 for the 2008/09 financial year. This means you can claim for items purchased from 1 July 2008. Remember to keep your receipts as they will help you calculate your entitlement and you may be required to produce them as proof of purchase.

You can claim the ETR even if you are not required to lodge a tax return. For more information, see How do I claim?

11 Responses to “Educational Tax Refund Expires June 30 2010”


  • School loans intended for College while your kid is a Junior in High School – For finanial-aid needs, the most important year is without a doubt the one that starts on Jan1 while your kid is a junior in high school – the “base earnings period.” All through that time and throughout college or university, revenue earned or obtained is counted more heavily when compared with wealth in the financial-aid formulations. Stay away from taking pension distributions or realizing significant capital profits during that time. Stock up on contributions to pension plans before the base and college years, because assets in those accounts aren’t counted in the aid formulas. You should not withdraw money form your retirement fund to pay for university because distributions will certainly bump up your income, most likely decreasing aid eligibility. Check out http://www.metwell.com for help in making your organization grow. Metwell.com is a respectable Strategic Management Consulting Group.

  • Hey Dr. Dussault,

    I have read your book twice and purchased your speed reading course which I have viewed and am now practicing. I have even recommended your book to my younger cousins and even my mom and aunt who are all in the midst of studying and looking for better strategies.

    I have a question with regards to my specific concern: As an accounting student, the material I am exposed to is quite dense and technical, so I have to be very careful and thorough when I read this material ( I know you know all this but I just want to pinpoint my issues). I don’t speed read efficiently yet but do use my finger while reading which has sped up the process a little bit. What I want to ask you is what strategies do you recommend specifically for accounting material? How can I color code my notes without taking up too much time? And finally, should I practice my speed reading exercises on my accounting material or pick up a lighter book or novel to do so?

    Thank you for your help.

    Kind Regards,

    Taha Laique

    • Taha,
      I have university degrees in engineering, an MBA as well as a post-graduate degree in law with a focus on taxation and wealth protection which is very similar to accounting.

      As I think I mentioned in previous comment replies and/or blog posts – the KEY is to read a page WITHOUT highlighting and then going back quickly over the page BEFORE you turn it to highlight what you think is important and that you feel you WON’T remember without reviewing. In other words, you want to highlight the MINIMUM possible to make your REVIEW before an EXAM as productive as possible. There is no point in highlighting EVERY sentence…

      That being said, another key aspect of speed reading is that it takes time/practice to KEEP improving your reading speed. Most people DOUBLE their reading speed within 1 hour and then it takes them additional time to triple or quadruple their reading speed. Watch the video again once you’ve doubled your reading speed – you will pick up additional insights that you would have missed the first time you tried speed reading.

      When you watch it again – pay attention to what I am saying and what I show you to do step-by-step. You’ll notice 2 or 3 new techniques that beginners always miss because they are focused and concentrate on the basics, as they should.

      One last point – Speed Reading and Speed Learning is a skill just like lifting weights in a gym. When you start, you’ll lift a 5 kg or 10 lb weight BEFORE you lift a 15 kg or 30 lb weight. The same is true for speed reading of speed learning.

      If you haven’t bought my Speed Learning Video, you should give it a try – it focuses on how to learn more quickly, remember and understand what you’re studying more easily. Getting the best grades is not just about speed reading, it’s about LEARNING as fast as you can.

      “A students know they get graded on PERFORMANCE whereas C students think they are graded based on effort.” – Dr Marc Dussault

      That’s why you’re learning how to learn faster as well read faster – not only will you get BETTER GRADES, but you’ll do it with a lot less effort!

      Good luck and stick with it!

  • hi Dr Marc,

    I want to buy your book titled ‘Get better grades….’ but your bank Clickbank does not allow credit card originating from Nigeria. I have made several efforts to purchase with Visacard but to no avail. Please, let me know any other alternative to get this book. thanks

  • Hello,
    I just started promoting your product. Could you please help me add my tracking code? I tried writing to affiliate contact, but it bounced back.
    Thanks!

  • Dr. Dussault,

    Thanks for your reply to my post. To be honest, I didn’t know if you had replied or not till today, which kind of sucks because I already had the exams for my summer courses. That being said, I appreciate your tips and advice and plan to go over the speed learning videos again, as well as re-read your study book (which is a really quick read anyway). Speed reading requires practice and lots of it and I am hoping to use the rest of the summer break to make some progress with the skill. I was just finding it difficult at the threshold of speed vs comprehension (best way I can describe it) and what to focus on, but I remember there being discussion on it in the videos.

    Thanks again,

    Taha

  • Hey Dr. Dussault,
    Judging by the article, I wish that American parents could get *50%* back on their taxes when it comes to the educational expenses they spend for their children every year, LOL!

    BTW, is your speed reading course better than the free PDF files and Amazon.com books that are based on the same subject?

    Last but not Least: Based on your last name, are you of “French” heritage?

    Sincerely,

    Thomas Anderson

    • Thomas,
      Oui je suis Canadian français. Originally from Montreal, Quebec, Canada’s “French” province.

      My Speed Reading Video Program is guaranteed to double your reading speed and I have countless clients and students who have been through it. It’s the most important skill someone can learn – just think about it. How else could I possibly read up to 10 books a month while running my businesses, playing “international level squash” and living a luxurious lifestyle?!?!

      But it’s not that I can do it – anyone can do it.

      It is by far the easiest technique to learn that can have the most dramatic long-term impact on your life/success/wealth/career/self esteem…

      I hope that answers your question.

      Thanks for asking!
      Marc

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