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Nick decides to enrol and study a Bachelor in Aquaculture at Curtin University (this directly relates to his current business). His self-education expenses are as
Nick decides to enrol and study a Bachelor in Aquaculture at Curtin University (this directly relates to his current business). His self-education expenses are as follows:
HECS-HELP $1,500 Travel home to uni and return $250 Travel work to uni $200 Travel uni to home (after above journey) $220 Travel home to uni $150 Travel uni to work (after above journey) $100 Books $50 Stationery $30 Computer used 100% for study $450
Based on the above facts and relevant tax laws, what would the allowable deduction be for self-educated expenses?
A | $2,950 | |
B | $2,630 | |
C | $680 | |
D | $1,130 |
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