Hi All,
I hope most of us will at least get something out of this stimulus package.
Its based on your 2007-08 taxable income.
Here is the link:
http://www.ato.gov.au/corporate/content ... &page=4&H4
Tax bonus payment
How much will be paid?
$950 bonus will be paid if you have a taxable income up to $80,000
$650 bonus will be paid if you have a taxable income not exceeding $90,000
$300 bonus will be paid if you have a taxable income not exceeding $100,000
It is anticipated to be paid out to our bank accounts from April 2009 (provided you have lodged in your 07-08 tax return).
Happy to discuss!
Stephen