iPad to attract 50 per cent tax deduction - In Australia

iPad to attract 50 per cent tax deduction - In Australia
iPad to attract 50 per cent tax deduction | News.com.au

How it works is like this.
If your child wants an iPad you can buy one for them and:

Taxpayers can get a refund of up to $375 for each primary school student and up to $750 per secondary school student.

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And this:

"If your expenses exceed your refund limit for the year, any excess can go towards your following year's refund claim, as long as you are still eligible,'' according to the ATO guidelines.

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So in short parents in Australia for the time being can get their children an iPad and have the total cost of the iPad re-imbursed through one or 2 years worth of tax deductions. That's pretty nice I would think.

Not to shabby.