MLC301 Principles of Income Tax Law - Assessment Questions

QUESTION 4. 24

A part-time student purchases a new computer on 1 March to use in his course of study. The dealer estimates the effective life of the computer at four years. The costs associated with the acquisition of the computer were:
$
Computer 2100
Installation fee 50
Computer software not an integral part of the computer 600
Extended maintenance warranty 300
Assuming that there is a direct connection between the student’s employment and the course of study so that the student is entitled to claim self-education expenses, determine what deductions may be claimed for the income year ending 30 June.