Feeds:
Posts
Comments

Posts Tagged ‘estimate’

WA’s peak parent group has slammed a plan to test pre-primary students next year as a waste of money, saying it’s “ridiculous” to assess children as young as four.

As part of its strategy to improve literacy and numeracy across WA, the Education Department will start to roll out the 30-minute assessments in the first term in public schools. The Sunday Times can reveal some of the sample questions likely to be used in the so-called “on entry assessments”, which are aimed at picking up early problems.

Pre-primary students in public schools will be asked to: Speak about a certain topic, such as friends or favourite games, for two to three minutes. Estimate how many teddy bears are in a cup. Put objects, from smallest to tallest, in order. Count backwards. Match dots with a number on a page.

WA Council of State School Organisations president Rob Fry attacked the $2 million plan, saying he expected parents to be angered by the “ineffective” results.

“I just find this truly remarkable when you’re dealing with children of such a young age,” he said.

“If you get an exceptionally shy child, you’re asking a four-year-old to talk on a subject for two minutes and some of them won’t want to say anything at that age. Does that mean they’ve got a literacy problem? No, they might be shy.

“It’s ineffective and you are going to get such diverse responses between a child coming from an indigenous community to a child living in a Perth suburb with a highly socially active family.”

School Support Programs executive director David Axworthy said the Education Department based its tests on the Victorian model because it was the “best tool to meet the needs of WA children”. It would also enable shared resources between the states.

“It will leave WA well placed for the introduction of the national curriculum when it is produced in 2011,” he said.

WA Primary Principals Association president Steve Breen supported the plan because it would allow teachers to set benchmarks and adapt their programs to suit children’s needs.

Education Minister Liz Constable said children at risk of falling behind would be identified earlier, allowing urgent action to be taken.

Under the plan, students in 50 schools will be tested in term one before all public schools will have access to the assessments in the final term. From 2011, each pre-primary student will be tested at the start of the year.

Source  :  www.news.com.au

Advertisement

Read Full Post »

  • Last-minute tips to save on tax
  • What to claim, how to file
  • Plenty of help on ATO website

HAPPY New Year! Well, almost. With only 24 hours left until the end of financial year, what should you be doing today to ensure that you don’t end up with a big tax hangover tomorrow?

“Don’t forget to pay your expenses,” says Tracey Nicholson, the Assistant Commissioner of Taxation.

“Ensuring that expenses are paid and claimed in the correct tax year can save a lot of headaches in having tax returns amended down the track.”

Ms Nicholson suggests that some top-priority things for taxpayers to do prior to lodging their return include:

• Go surfing! The ATO website, that is.

“There is a wealth of information on the ATO website, both general as well as information that’s specific to various professions,” says Ms Nicholson. “It’s a great place to start your research on what you may be able to claim as a deduction.”

• Spring clean the house to find your receipts.

“At the end of the day you need to keep your receipts to substantiate your claims,” says Ms Nicholson.

• Lodge online.

If you are DIYing your tax, Ms Nicholson recommends the online e-tax process as a great way to complete your return.

“It’s free, and has a great step-by-step process that will help remind you of anything that you have forgotten,” she says.

It can be worth getting professional advice as well though. Bill Keays, founding director of WA-based Hales Keays Chartered Accountants says that in his experience there are a number of tax-related benefits that people sometimes overlook.

“Motor vehicle expenses are often overlooked,” he says.

“You can claim up to 5000 kilometres of work-related use based on a reasonable estimate of business kilometers, without needing to keep a log book. But some people think that if they haven’t kept a log book, they can’t claim.”

Another forgotten area, according to Mr Keays, is depreciation on a rental property.

“Sometimes clients are not aware of how much depreciation they can claim,” he says.

“For taxpayers who have a relatively modern rental property, engage a quantity surveyor to prepare a depreciation report. They will typically save you many times more than their fee due to the deductions they identify.”

But lest you get carried away with all the potential deductions out there, remember that you do need the paperwork to back it up.

“We conduct plenty of audits,”says Ms Nicholson.

“We’re going to have a special focus on truck drivers, sales and marketing managers, sales reps and electricians this year – but any taxpayer has the chance of being audited.”

And while it may be too late for this financial year, consider getting some professional advice for next year’s tax return because sometimes you don’t know what you don’t know.

“There’s usually always some way in which we can save clients extra money, either by identifying deductions or simply getting their tax structures right to start with,” says Mr Keays.

“The Small Business CGT concessions are a great example.

“One of my clients was expecting to pay capital gains tax of approximately $240,000 when he disposed of his business and he ended up paying nothing by applying these concessions.”

Your tax time checklist                                                                                                                                                                                           

To help you get the best tax return possible, here’s a few things to tick off your “to do” list today:

1. Are you eligible for the Superannuation Co-contribution? If so, it’s up to $1,500 of free money.

2. If you use your car for work, don’t forget to estimate your motor vehicle expenses.

3. A 20% tax offset is available for out of pocket medical expenses over $1500.

4. Donations of over $2 made to a deductible gift recipient are tax deductible.

5. The cost of having your tax return prepared is also an allowable deduction.

6. Income Protection insurance premiums can also be a tax deduction.

7. Small business owners who are selling business assets can take advantage of extremely generous “small business CGT concessions.”

8. You can claim up to $300 of work related expenses without the need to have written receipts. However once your claim exceeds $300 you must have receipts for the full amount.

9. Don’t forget all those miscellaneous work expenses such as union fees, seminars, trade journals, software and home office expenses. Even an appointment diary can be deductible.

10. Check the deductions fact sheet for your specific occupation to ensure that you are claiming everything that you are entitled to.

Source  :   www.news.com.au

Read Full Post »