Reply With QuoteOnce again it is something that us taxpaying childless single people won't share in. If that helps your concerns.
Diana
Master
Sorry if some one else has posted this but what is all this talk about a handout??? I dont listen to news to much but everyone keeps taling about it.
Thanks in advance.
Steve
Super Moderator
Once again it is something that us taxpaying childless single people won't share in. If that helps your concerns.
Diana
You won't find me on: faceplant; Scipe; Infragam; LumpedIn; ShapCnat or Twitting. I'm just not that interesting.
Master
depends how much you earn, not much but something. Although it will probably take the form of an offset rather than cash like everyone else:Originally Posted by Lotz-A-Landies
FROM April, workers earning up to and including $80,000 will get a $950 tax bonus;
THOSE earning $80,000 - $90,000 will get $650;
PEOPLE earning between $90,000 - $100,000 will receive $300.
Swaggie
SubscriberHmmm.
Once again it looks like self funded retirees are the only group to get NOTHING .
I have lost 30% plus of my assets and am trying to minimise spending .
As I am under pension age, Nothing last time and it looks like nothing this time as I am not full time working, although I have done work recently.
I had a look at the Newstart conditions and you have to be literally on the bone of your whatever to qualify, so there is no value in thrift in this country. Maybe I should have spent everything I accumulated.
Regards Philip A
Philip.....I know how you feel as have friends in the same situation.
Work hard all your life and do with out some luxury to gain some assets then at retirement have to stugle as most lost a heap in market crash. Then look at some others (Not All) worked and played hard now have nothing to show and get the help. Then I see some of them playing the pokies etc
Tony
Master
Especially because these payouts cost you (and me) money, or $2000 for every man, woman and child. (i read this somewhere cannot find where though)
I won't get anything either being outside the income category.
TopicToaster
We'll get two of the $950 ones. Don't need it but not about to knock it back
LordRover
SupporterSo how are they going to determine income - last years taxable income - income in the week of payment, what?
I am on half pay - so is it based on my current pay or my what my pay should be?
Any ideas?
REMLR 243
2007 Range Rover Sport TDV6
1977 FC 101
1976 Jaguar XJ12C
1973 Haflinger AP700
1971 Jaguar V12 E-Type Series 3 Roadster
1957 Series 1 88"
1957 Series 1 88" Station Wagon
Master
for any centerlink pmts go to their website.
Workers Tax Bonus
Tax Commissioner Michael D’Ascenzo today announced that work is underway to ensure the Tax Office can start paying the Australian Government’s tax bonus from early April 2009.
“At this stage we believe most eligible people won’t have to do anything to receive the proposed payment,” Mr D’Ascenzo said.
“By using information in people’s 2007-08 tax return we will work out who is eligible and the best way to get the payment to them.
“Most people have already lodged their 2007-08 return with us, but if you haven’t, don’t leave it any longer.”
The proposed tax bonus will only be paid to those who have their 2007-08 return in by 30 June 2009.
“Our e-tax service will remain available for those who want to do their own return online, or people should contact their tax agent.
“We will send the payment to the address or bank account people nominated as their preference for the 2007-08 tax return.
“You will get your payment faster if we have your bank account details,” Mr D’Ascenzo said.
To ensure money goes into the right bank account or the cheque is delivered to the correct address in early April 2009, people should contact the Tax Office by the middle of March if they need to change address or bank details.
“If you have not provided bank details in your return, you may provide them now so that we can pay the bonus directly to your bank account.
“If we don’t have your bank details, we will send a cheque to your latest postal address,” Mr D’Ascenzo said.
People can call the Tax Office on 1300 686 636 if they need to change or provide their details.
Those who use a tax agent may also wish to use a different address or personal bank account for this one-off payment.
“If your agent manages payments and correspondence for you, we won’t necessarily have your personal bank account or postal address details.
“If you want us to make this payment into your personal bank account or send a cheque to an address other than the one you usually use through your tax agent, call us on 1300 686 636.
“Because many people use a tax agent we are working with tax agent representatives to ensure the payments process works as smoothly as possible for everyone.
“We are setting-up a working group with representatives from across the agent industry.
“We will ensure more information and updates are made available to people, including more details on our website soon.
“Of course, the arrangements we are putting in place to make the tax bonus payments are contingent on the supporting legislation passing through Parliament,” Mr D’Ascenzo said.
To find out more, including eligibility and how much people are entitled to:
- read about the tax bonus payment at Australian Taxation Office Homepage
- call 1300 686 636, or
- read the Treasurer’s media release.
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