Tax Bonus for Working Australians
This gives a one-off bonus to taxpayers who paid tax in 2007/08 after taking into account tax offsets and imputation credits.
The amount of the bonus depends on the taxpayer’s taxable income for that financial year ranging from $900 on taxable income up to $80,000 down to $0 if taxable income was more than $100,000.
The Tax Office will make the payment to taxpayers after determining eligibility for the 2007‑08 financial year.
Taxpayers who have not already lodged their 2007‑08 income tax return should do so by the end of June 2009 to obtain the bonus. The bonus will be a direct payment to taxpayers including through electronic transfer or cheque.
Household Stimulus Package
Eligible families and individuals will receive the following bonuses:
- $900 Single Income Family Bonus to families who, on 3 February 2009, were eligible for Family Tax Benefit Part B
- $950 per child Back to School Bonus to families who, on 3 February 2009, were eligible for Family Tax Benefit Part A
- $950 Training and Learning Bonus to students and people outside the workforce returning to study
- $950 Farmers Hardship Bonus to farmers and rural-dependent small businesses who, on 3 February 2009, received exceptional circumstances-related income support
