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Maybe I should get one as my ebook, i will turn it into a digital photo album when not in use.
THE Australian Tax Office confirmed it would class Apple's iPad as laptops for income tax assessment purposes but its eligibility for employee salary sacrifice programs remains unclear.
The ATO said iPad owners who used the device for work purposes would be able to claim deductions on software, capital depreciation and internet connections for the devices. However, they would have to exclude any portion related to private use.
"Users who use the iPad for both income producing purposes and private purposes will need to apportion their running costs deductions and decline in value deductions on a reasonable basis," an ATO spokesman said.
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The office has already declared the iPad eligible for generous education tax offsets under the federal government's new Education Tax Refund guidelines.
Under the guidelines, parents can receive refunds of up to $375 per primary school student and $750 per secondary school student for desktop computers and laptops, and for repair and running costs.
The ATO's spokesman said: "We accept that the costs of an iPad can be an eligible education expense."
Prices for the iPad start at $629 for a 16GB Wi-Fi model, and $1049 for the 64GB 3G version.
THE Australian Tax Office confirmed it would class Apple's iPad as laptops for income tax assessment purposes but its eligibility for employee salary sacrifice programs remains unclear.
The ATO said iPad owners who used the device for work purposes would be able to claim deductions on software, capital depreciation and internet connections for the devices. However, they would have to exclude any portion related to private use.
"Users who use the iPad for both income producing purposes and private purposes will need to apportion their running costs deductions and decline in value deductions on a reasonable basis," an ATO spokesman said.
- - -
The office has already declared the iPad eligible for generous education tax offsets under the federal government's new Education Tax Refund guidelines.
Under the guidelines, parents can receive refunds of up to $375 per primary school student and $750 per secondary school student for desktop computers and laptops, and for repair and running costs.
The ATO's spokesman said: "We accept that the costs of an iPad can be an eligible education expense."
Prices for the iPad start at $629 for a 16GB Wi-Fi model, and $1049 for the 64GB 3G version.
