$42 billion Stimulus Package
#18
Re: $42 billion Stimulus Package
With respect, I don't believe any of that to be true. The Government ahs not announced any distinction (to the best of my knowledge) between people on different visa types nor or their intended longevity in Australia. The rules are reasonably clear and relate to income and Family Tax benefit eligibility.
#20
Re: $42 billion Stimulus Package
Nope, it was reported as not having much impact. I would never presume to make such a simplistic assumption based upon a general state of affairs.
#21
Re: $42 billion Stimulus Package
Plus $950 each for the three kids "Back to school" bonus, but according to a post here that might just be for people on benefits so it could be $1900
#22
BE Enthusiast
Joined: Aug 2007
Location: Perf
Posts: 560
Re: $42 billion Stimulus Package
I looked on treasurey website.
It says you need to be getting benefits for the school bonus's etc.
But the one off $950 relating to income, just says you must be resident for tax last year to get the $950 and earning less than $100k. No mention of visa status or need to be getting benefits.
It says you need to be getting benefits for the school bonus's etc.
But the one off $950 relating to income, just says you must be resident for tax last year to get the $950 and earning less than $100k. No mention of visa status or need to be getting benefits.
Ive got a tricky situation now as in May last year I was paid a bonus from our UK office for work I did there in 2007 which bumps me over the $100k limit, it was paid through the Australian office (so I paid Aussie tax on it) and reimbursed from the UK so technically it wasnt part of my Aussie wage. Better go to see my accountant for his comments on whether im eligible or not
#23
Account Open
Joined: Jan 2005
Location: Brisbane
Posts: 4,298
Re: $42 billion Stimulus Package
With respect, I don't believe any of that to be true. The Government ahs not announced any distinction (to the best of my knowledge) between people on different visa types nor or their intended longevity in Australia. The rules are reasonably clear and relate to income and Family Tax benefit eligibility.
Tax Bonus for Working Australians
The Government will provide an up-front, lump-sum tax bonus of up to $950 to around 8.7 million Australian workers earning $100,000 or less.
A lump-sum payment of up to $950 will be made to eligible taxpayers from April 2009. The bonus will be available to Australian resident taxpayers who paid tax in the 2007-08 financial year after taking into account available tax offsets and credits.
The bonus is subject to an income threshold test which determines that a:
* $950 bonus will be paid to eligible taxpayers with a taxable income of up to and including $80,000;
* $650 bonus will paid to eligible taxpayers with taxable incomes exceeding $80,000 and up to $90,000; and
* $300 bonus will be paid to eligible taxpayers with incomes exceeding $90,000 up to and including $100,000.
Taxpayers will not need to apply for the payment. The Australian Taxation Office will automatically make the payment after determining eligibility.
The Government will provide an up-front, lump-sum tax bonus of up to $950 to around 8.7 million Australian workers earning $100,000 or less.
A lump-sum payment of up to $950 will be made to eligible taxpayers from April 2009. The bonus will be available to Australian resident taxpayers who paid tax in the 2007-08 financial year after taking into account available tax offsets and credits.
The bonus is subject to an income threshold test which determines that a:
* $950 bonus will be paid to eligible taxpayers with a taxable income of up to and including $80,000;
* $650 bonus will paid to eligible taxpayers with taxable incomes exceeding $80,000 and up to $90,000; and
* $300 bonus will be paid to eligible taxpayers with incomes exceeding $90,000 up to and including $100,000.
Taxpayers will not need to apply for the payment. The Australian Taxation Office will automatically make the payment after determining eligibility.
#26
Lost in BE Cyberspace
Joined: Apr 2004
Posts: 10,375
Re: $42 billion Stimulus Package
Theres a problem. Fine print now saying payment is actually only 300, 650 or 950 depending on how much below 100k you are.
#27
Forum Regular
Joined: Jul 2006
Posts: 226
Re: $42 billion Stimulus Package
Dear kev
I have been living here for 3 yrs on a 457 ,i have always admired you and think you are doing a great job for this country ,is it possible us less fortunate people on a temp visa can have the handout too ?
Best wishes
Stewmac
ps If we cant...then your a w@nker
I have been living here for 3 yrs on a 457 ,i have always admired you and think you are doing a great job for this country ,is it possible us less fortunate people on a temp visa can have the handout too ?
Best wishes
Stewmac
ps If we cant...then your a w@nker