Are there any benefits/bonuses/tax refunds etc?
Oct 14th 2010, 7:15 am
#16
ah-beng
Joined: Aug 2004
Location: ^.^
Posts: 3,113
Re: Are there any benefits/bonuses/tax refunds etc?
they are means tested - I dont get any of them either.
Oct 14th 2010, 7:36 am
#17
BE Forum Addict
Joined: Jan 2006
Location: Perth, WA
Posts: 1,376
Re: Are there any benefits/bonuses/tax refunds etc?
Also - many people with kids who only have one breadwinner NEED extra help [you have to feed and clothe children unfortunately] or would you rather their kids went hungry ?
Oct 14th 2010, 9:06 am
#18
Guest
Posts: n/a
Re: Are there any benefits/bonuses/tax refunds etc?
There is an income threshold, sort of, but most parents seem to qualify.
If you earn over about $98,000 and have one child, you may not be eligible, as your (FTB) benefits will cease.
Oct 14th 2010, 11:58 am
#19
BE Enthusiast
Thread Starter
Joined: Feb 2010
Location: Brisbane
Posts: 307
Re: Are there any benefits/bonuses/tax refunds etc?
My wife would like to do a part time not to get bored at home and get some extra cash. She does not wish to work full time to be with our 4 year old after school. But after all, it might not be worth it.
Have also checked who is eligible and since my little one will only be in pre-school then I guess she wont qualify. Fair enough...
Who is eligible?
A person who is entitled to receive FTB Part A for a child undertaking primary or secondary school studies.
A person with a child undertaking primary or secondary school studies who receives a payment for the child that stops them from receiving FTB Part A for the child.
Independent students in primary or secondary school.
Do pre-school courses qualify as part of the primary school course of education?
You need to contact your state or territory Department of Education to confirm if your child’s enrolment in pre-school means they are enrolled in primary school.
A person who is entitled to receive FTB Part A for a child undertaking primary or secondary school studies.
A person with a child undertaking primary or secondary school studies who receives a payment for the child that stops them from receiving FTB Part A for the child.
Independent students in primary or secondary school.
Do pre-school courses qualify as part of the primary school course of education?
You need to contact your state or territory Department of Education to confirm if your child’s enrolment in pre-school means they are enrolled in primary school.
Cheers
B!K3R
Last edited by B1K3R; Oct 14th 2010 at 12:30 pm.
Oct 14th 2010, 2:23 pm
#20
Banned
Joined: Aug 2008
Posts: 22,348
Re: Are there any benefits/bonuses/tax refunds etc?
Aha! So, I guess one has to be careful if his/her wage (or combined) goes over by just a few Ks of 98,000!
My wife would like to do a part time not to get bored at home and get some extra cash. She does not wish to work full time to be with our 4 year old after school. But after all, it might not be worth it.
Have also checked who is eligible and since my little one will only be in pre-school then I guess she wont qualify. Fair enough...
NOTE: I'm not the kind of person who runs after and thrives on benefits! But hey, I have always paid my tax (in and out of OZ) and never really got anything back so its only fair enough that I check what I qualify for!!!!
Cheers
B!K3R
My wife would like to do a part time not to get bored at home and get some extra cash. She does not wish to work full time to be with our 4 year old after school. But after all, it might not be worth it.
Have also checked who is eligible and since my little one will only be in pre-school then I guess she wont qualify. Fair enough...
NOTE: I'm not the kind of person who runs after and thrives on benefits! But hey, I have always paid my tax (in and out of OZ) and never really got anything back so its only fair enough that I check what I qualify for!!!!
Cheers
B!K3R
Oct 14th 2010, 11:14 pm
#21
BE Enthusiast
Joined: Nov 2008
Location: NSW
Posts: 402
Re: Are there any benefits/bonuses/tax refunds etc?
Most of them are means-tested, children are the future of Australia and the taxes my kids will pay when they are adults are going to pay for your healthcare and future state pension - that's why.
Also - many people with kids who only have one breadwinner NEED extra help [you have to feed and clothe children unfortunately] or would you rather their kids went hungry ?
Also - many people with kids who only have one breadwinner NEED extra help [you have to feed and clothe children unfortunately] or would you rather their kids went hungry ?
It's a forum where people have different opinions........
Oct 14th 2010, 11:40 pm
#22
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Re: Are there any benefits/bonuses/tax refunds etc?
Hi Guys,
I am researching on what benefits/bonuses/tax refunds etc are out there.
Facts:
1. Myself, wife and 4 year old kid
2. I will be the sole breadwinner
3. We will be renting a house
4. Wage will be an average IT professional wage (I guess!)
All I know until now is that if we have another baby, we will get around $5200 as a bonus
Any pointers/website with info would be greatly appreciated!
Thanks!
B!K3R
I am researching on what benefits/bonuses/tax refunds etc are out there.
Facts:
1. Myself, wife and 4 year old kid
2. I will be the sole breadwinner
3. We will be renting a house
4. Wage will be an average IT professional wage (I guess!)
All I know until now is that if we have another baby, we will get around $5200 as a bonus
Any pointers/website with info would be greatly appreciated!
Thanks!
B!K3R
Oct 15th 2010, 12:00 am
#23
Lost in BE Cyberspace
Joined: Dec 2008
Posts: 6,039
Re: Are there any benefits/bonuses/tax refunds etc?
Aha! So, I guess one has to be careful if his/her wage (or combined) goes over by just a few Ks of 98,000!
My wife would like to do a part time not to get bored at home and get some extra cash. She does not wish to work full time to be with our 4 year old after school. But after all, it might not be worth it.
Have also checked who is eligible and since my little one will only be in pre-school then I guess she wont qualify. Fair enough...
NOTE: I'm not the kind of person who runs after and thrives on benefits! But hey, I have always paid my tax (in and out of OZ) and never really got anything back so its only fair enough that I check what I qualify for!!!!
Cheers
B!K3R
My wife would like to do a part time not to get bored at home and get some extra cash. She does not wish to work full time to be with our 4 year old after school. But after all, it might not be worth it.
Have also checked who is eligible and since my little one will only be in pre-school then I guess she wont qualify. Fair enough...
NOTE: I'm not the kind of person who runs after and thrives on benefits! But hey, I have always paid my tax (in and out of OZ) and never really got anything back so its only fair enough that I check what I qualify for!!!!
Cheers
B!K3R
http://www.familyassist.gov.au/payme...eme/index.html
I assume your child was born after June 30 as going into kindy. You'll have to wait another year for the education tax refund
http://www.educationtaxrefund.gov.au...ult.asp?sid=42
To get the child care benefit and child care rebate your parter will need to be working 15 or more per week or actively looking for work (not sure how they check that).
http://www.familyassist.gov.au/payments/
You can depreciate the work portion of your IT purchases on your tax return. Low value items can be written off in full while higher value purchases are written off over 2 or 3 years.
http://www.ato.gov.au/individuals/pa...92#001_002_013
You can claim 20% of all medical expenses over a threshold:
http://www.ato.gov.au/individuals/co...t/00218527.htm
This also includes things like headache tablets as long as you bought them at a chemist not a supermarket so keep "all" medical receipts.
Oct 15th 2010, 12:01 am
#24
Lost in BE Cyberspace
Joined: Dec 2008
Posts: 6,039
Re: Are there any benefits/bonuses/tax refunds etc?
We can thank John Howard for the huge expansion of govt benefits to the middle class.
Oct 15th 2010, 12:03 am
#25
BE Forum Addict
Joined: Mar 2009
Posts: 1,412
Re: Are there any benefits/bonuses/tax refunds etc?
In my opinion benefits like this are the thin end of the wedge. Plenty of corporate welfare going on. Maybe you should feel guilty about it but you're not going to beat them so you might as well join them.
Oct 15th 2010, 12:21 am
#26
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Re: Are there any benefits/bonuses/tax refunds etc?
Unfortunately I don't qualify for any of them!
Oct 15th 2010, 1:26 am
#28
Gone Senile Member
Joined: Sep 2001
Location: Sydney
Posts: 3,014
Re: Are there any benefits/bonuses/tax refunds etc?
Or we could say fortunately? I do not qualify either but would rather be ineligible for the benefits and have my income.
LAFHA for me when I arrive, never felt guilty (or now for my overnight stays) as tax was 47% over 60K!!! yuck.
LAFHA for me when I arrive, never felt guilty (or now for my overnight stays) as tax was 47% over 60K!!! yuck.
Oct 15th 2010, 3:07 am
#29
BE Forum Addict
Joined: Jan 2006
Location: Perth, WA
Posts: 1,376
Re: Are there any benefits/bonuses/tax refunds etc?
When are people going to be responsible for their own children instead of claiming everything they can off the state.
Oct 15th 2010, 3:29 am
#30
BE Forum Addict
Joined: Mar 2009
Posts: 1,230
Re: Are there any benefits/bonuses/tax refunds etc?
Exactly. Getting a few hundred dollars for a laptop is nothing compared to millions the big corps manage to wriggle out of.