From the category archives:

Household Stimulus

Tax Bonus Deadline Approaching!

June 18, 2009

Time is fast running out for people who may be eligible for the tax bonus payment to lodge their 2007–08 tax return.
More than 8.4 million tax bonus payments worth $7.3 billion have already been made by the ATO. It’s estimated that there could be another 280,000 people yet to lodge who could be eligible. Tax [...]

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

Don’t delay, Lodge today!

May 29, 2009

With around 500,000 people who may be eligible for the tax bonus payment yet to lodge their 2007-08 tax return, the Tax Office is reminding people to lodge before time runs out.
Acting Tax Commissioner David Butler said it’s important for people who think they are eligible and haven’t lodged to make arrangements now.
“If you don’t [...]

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

My Tax Bonus Has Not Arrived. Now what?

May 21, 2009

The Tax Office has issued 7.9 million tax bonus payments since early April. As we’ve covered extensively in posts and comments, to be eligible for the payment you had to:
- be an Australian resident for tax purposes
- have a taxable income of $100,000 or less in the 2007-08 financial year
- have lodged your 2007-08 tax [...]

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

800,000 Could Miss Tax Bonus If They Don’t Lodge Soon

May 8, 2009

Time is running out fast for taxpayers who need to lodge a 2007/08 tax return in order to receive the $900 Working Australians Tax Bonus.
According to the Tax Commissioner Michael D’Ascenzo, “There could be up to 800,000 people eligible for the tax bonus who have not yet lodged their 2007-08 return.”  Wow! I’m shocked. 
Many people [...]

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

ATO Says Tax Bonus Payments on Track

May 7, 2009

The Tax Office has distributed 6.5 million tax bonus payments and is on track to distribute 7.8 million payments by 16 May 2009. A number of contributers have asked what to do as they have yet to receive their bonus. Unfortunately, at this stage there is not much you can do until the deadline has passed.

“While we are working hard on the distribution of these payments, we aren’t able to provide information about the progress of individual payments until after 16 May,” Mr D’Ascenzo said.

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

Training and Learning Bonus for Postgraduate Scholarship Holders

May 5, 2009

As part of the Household Stimulus Package, Centrelink is paying a one-off $950 Training and Learning Bonus payment to postgraduate scholarship holders.
Unlike the other Training & Learning bonus payments, this one must be applied for.  If you are eligible and have made a claim, the bonus payment will be paid directly into your nominated bank [...]

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

FAQ: Why has my partner got their tax bonus already and I haven’t?

April 24, 2009

the selection process ensures all postcode payments are evenly distributed (though some might argue this is hardly reasonable if they’re still waiting. :) ).

What his means for you is that an even number of payments must be made to each of the randomly selected postcodes for any day. In practice, this method of distribution allows for the possibility that one partner will receive the tax bonus while the other will miss out… at least until that postcode randomly generates itself again.

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

Tax bonus payments begin to roll-out next week

April 4, 2009

Following the High Court’s decision (if you are interested you can find the transcript for this case at austlii), the Tax Office yesterday said 7.4 million people who have already lodged their 2007-08 tax return will begin receiving their tax bonus payments from next week.

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

I only just lodged my tax…. when will I get the tax bonus?

March 21, 2009

I can’t tell you how many late-lodging clients have asked this question over the past week! Finally, I have some kind of answer.

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

Online Tax Bonus Eligibility Calculator

March 4, 2009

The tax bonus calculator will help you to determine your eligibilty for this particular bonus payment and let you know how much you can expect to receive.

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

When will I get my bonus payment?

February 21, 2009

Having determined that you’re expecting a cash bonus, the next big question becomes “when?”

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

Tax Bonus to be Paid from April

February 18, 2009

The ATO have announced that the working australians tax bonus will start to be paid from early April 2009.

Payments are being made in stages with priority given depending on when your 2007/08 tax return was finalised.

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

Tax bonus payment and ATO debt.. will I still get it?

February 18, 2009

I’ve had a few emails from people asking about what happens with their tax bonus payment if they have an outstanding tax bill… Do they still get the money?

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

Centrelink Bonus Payments – Updated rates

February 17, 2009

A few small changes to the original proposed payment rates have occurred. As it stands, the rates for the various bonus payments administered by Centrelink will be as follows…

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →

Working Australians Tax Bonus – Updated Rates

February 14, 2009

The Working Australians Tax Bonus is now a $900 tax bonus. The following rates now apply (reduced by $50) and not the previously proposed full bonus of $950.

Help us to better serve you. What do you think of this post?
Great - more of this! (0) Interesting (0) Useful (0) Okay (0) Boring - less of this! (0)
Read the full article →