Thursday, 18 December 2014

American teachers get a tax benefit for buying educational material with their own money

How would you feel if you can claim back some of your money via SARS for buying material you need in your classroom? Sounds like a very good idea! A bill has just been passed making this possible for American teachers. Read more here.

In the past it was actually allowed in South Africa to claim expenses, within certain prescriptions, for your study at home. Everybody is supposed to know that teachers are supposed to prepare their work at home, mark books, etc. For that they need proper spaces and the guidelines allowed claiming for that from income tax. Unfortunately, it was stopped towards the end of the nineties.