$950.00 - what will you do with it?

[XRSIKS]

Originally Posted by jgb

What will I do with the $950?? Buy a Slab of Jimmy Cans, Will put the $2 change into the guide dog at the door on the way out.

ROFLMAO

I'll buy a slab too.... if we can convince someone to spend their money on a slab of beef, we're set for one wild bbq :P

[XYGTHO]

Originally Posted by Nickxb

Me too but i study through SAE (school of audio engineering)

but i dont think that we get it unless the government helps us pay.

What a joke.....

I'm in the same boat mate (studying engineering). Would be nice cause it all adds up this goingto uni. Also the amount of time you spend which you could be working instead making money.

[FTE72]

Originally Posted by mcnews

I'll put it towards my tax bill due later this month which goes a way to helping subsidise everyone's children... Didn't a financial analyst say a family earning 55k a year pays no tax anyway due to the welfare handouts they get given... The whole system is a bad joke.

Agreed.

[ILLaViTaR]

I don't get it.

I Spend 30hr+ weeks at tafe/uni studying engineering, 15hrs a week at work, driving, mostly washing dishes and mopping floors, claim all my tax back on my car to pay for all the costs related to work (it's not even enough).

But someone who works 30-40hrs a week doing an apprenticeship 2 yrs younger than me with more money than me gets it. I love capitalism. And the unfair favouritism towards trades as they evolve into independent businesses giving the government yet more income.

Not to mention at the end of my education I'll have to pay back 40k in education fees.

[tim2x]

I Had a mate tell me that he rang up centerlink and they said he'd get it by the end of this week ( he paid tax in 08 )... and a few people tell me its only coming in mid way april. Does anyone know when its due to be in our bank accounts exactly? Im hearing so many different dates. thanks!

[Fev]

currently they're paying families, workers will get it in april - thats what the radio says anyway

[Dazza TT]

Originally Posted by tim2x

I Had a mate tell me that he rang up centerlink and they said he'd get it by the end of this week ( he paid tax in 08 )... and a few people tell me its only coming in mid way april. Does anyone know when its due to be in our bank accounts exactly? Im hearing so many different dates. thanks!

If you're getting your payment from the ATO-

Originally Posted by ATO Website

How much is the payment and when will I receive it?

Your tax bonus payment will be:

* $900 if your taxable income is up to and including $80,000
* $600 if your taxable income is between $80,001 and $90,000, and
* $250 if your taxable income is between $90,001 and $100,000.

Your payment will not be used to offset any of your other tax debts.

Payments will start from early April 2009. People who have already had their tax returns assessed will be the first to receive their payment. The fastest way to receive payment is directly into your bank account.

The later you lodge your 2007-08 tax return, the longer it will take for you to get your payment. E-tax is available to lodge your return online.

http://www.ato.gov.au/corporate/cont....htm&page=3&H3

If you're getting it from Centrelink-

Originally Posted by Centrelink

Payment of the Household Stimulus Package

If you are eligible for a bonus payment, it will be automatically paid into your bank account on the same day you normally receive your Centrelink payment. You do not need to contact Centrelink.

The Back to School Bonus and Single Income Family Bonus will be paid from 11 to 20 March 2009. There is no need to contact Centrelink prior to 23 March 2009.

The Training and Learning Bonus and Farmer's Hardship Payment will be paid from 24 March to 6 April 2009. There is no need to contact Centrelink prior to 7 April 2009.

To find out about eligibility for these bonus payments view the Eligibility at a glance section on this page.

Please note: the Tax Bonus for Working Australians is being delivered by the Australian Taxation Office (ATO). Please refer to ATO website or contact the ATO on 1300 686 636 for further details.

http://www.centrelink.gov.au/interne...eb2009.htm#pay

[ThePistonHead]

Originally Posted by Tuddy200

Depending on the Centrelink Payment you are recieving yes.

I highly doubt that.

[CHARGED TERRA]

Personally Im going to go on a bender : and get blind :

[Tuddy200]

Originally Posted by ThePistonHead

I highly doubt that.

Why?

There hasn't been anything to state that if you are able to recieve both that you'll only be getting one lot.

[nicco]

Originally Posted by ILLaViTaR

I don't get it.

I Spend 30hr+ weeks at tafe/uni studying engineering, 15hrs a week at work, driving, mostly washing dishes and mopping floors, claim all my tax back on my car to pay for all the costs related to work (it's not even enough).

But someone who works 30-40hrs a week doing an apprenticeship 2 yrs younger than me with more money than me gets it. I love capitalism. And the unfair favouritism towards trades as they evolve into independent businesses giving the government yet more income.

Not to mention at the end of my education I'll have to pay back 40k in education fees.

yes but dont forget that at the end of it all, you will be able to earn more than the other person (depending on exactly what they did) and in the end have more job security and freedom.

and before you ask, yes i was a uni student, finished engineering at JCU at the end of last year. I paid my own way for a while, but then became eligible for youth allowance. (and i also laugh when apprentices whinge about their wages... )

[CHARGED TERRA]

Originally Posted by ATO Website
How much is the payment and when will I receive it?

Your tax bonus payment will be:

* $900 if your taxable income is up to and including $80,000
* $600 if your taxable income is between $80,001 and $90,000, and
* $250 if your taxable income is between $90,001 and $100,000.

Your payment will not be used to offset any of your other tax debts.

Payments will start from early April 2009. People who have already had their tax returns assessed will be the first to receive their payment. The fastest way to receive payment is directly into your bank account.

The later you lodge your 2007-08 tax return, the longer it will take for you to get your payment. E-tax is available to lodge your return online.

I only got $600 :( lucky the missus doesnt work or i would of got nothing for me to :

[Bmobile]

Stimulus Info...

This year, taxpayers will receive an Economic Stimulus Payment. This is a very exciting new program that I will explain using the Q and A format:

Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.

Q. Where will the government get this money?
A. From taxpayers.

Q. So the government is giving me back my own money?
A. Only a smidgen.

Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.

Q. But isn't that stimulating the economy of China?
A. Shut up.

Below is some helpful advice on how to best help the Australian economy by spending your stimulus check wisely:

If you spend that money at Target, all the money will go to China .
If you spend it on Petrol it will go to the Arabs.
If you purchase a computer it will go to India ..
If you buy a car it will go to Japan .
If you purchase useless crap it will go to Taiwan ..

And none of it will help the Australian economy.

We need to keep that money here in Australia . You can keep the money here by spending it at swap meets, going to a footy game, or spend it on prostitutes, beer and wine (domestic ONLY), or tattoos, since those are the only businesses still in this country.

[Kamshaaft]

WHOA WHOA WHOA. WAIT. I AM ELIGIBLE(!?) even though I am ineligible for every other little bit of government assistance (which is a joke, as I work 2 jobs around being full time at 'college' to just to get by while I know people who make over a grand a week thanks to full government assistance garnishing their under-the-table employment)!?!?

Wow, please tell me I am. I will actually have something to be thankful for from Centrelink. $900 would go a long way!

[Dazza TT]

Originally Posted by Kamshaaft

WHOA WHOA WHOA. WAIT. I AM ELIGIBLE(!?)

All the info can be found here- http://www.ato.gov.au/corporate/cont....htm&page=1&H1

And here- http://www.centrelink.gov.au/interne...ts_feb2009.htm

[LOWBA6]

Iv changed my mind on what im going to spend it on lol... now its going towards a dslr camera.

[290v]

Im going to put a cash deposit into my super of $300 and on July 1st the Goverment will put $500 to my super for the deposit i put in

[vanman_75]

Originally Posted by B mobile

Stimulus Info...

This year, taxpayers will receive an Economic Stimulus Payment. This is a very exciting new program that I will explain using the Q and A format:

Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.

Q. Where will the government get this money?
A. From taxpayers.

Q. So the government is giving me back my own money?
A. Only a smidgen.

Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.

Q. But isn't that stimulating the economy of China?
A. Shut up.

Below is some helpful advice on how to best help the Australian economy by spending your stimulus check wisely:

If you spend that money at Target, all the money will go to China .
If you spend it on Petrol it will go to the Arabs.
If you purchase a computer it will go to India ..
If you buy a car it will go to Japan .
If you purchase useless crap it will go to Taiwan ..

And none of it will help the Australian economy.

We need to keep that money here in Australia . You can keep the money here by spending it at swap meets, going to a footy game, or spend it on prostitutes, beer and wine (domestic ONLY), or tattoos, since those are the only businesses still in this country.

bundy rum it is ,oh thats right i dont get it ..oh well will have a bundy anyways

[duaned]

$900? I'm going to spend it on Viagra and a a lady to use it on!
Really mine's going back to the Government towards the stamp duty for my new property. pfft....

[Iggypoppin']

already spent it.
car, and a good one.
change goes towards...a bender!

[uranium_death]

I didn't work in the 07-08 period (well, I did, but only for four days, after those tightwads fired me for wanting somebody more experienced to run their business...at 14 bucks an hour!), but I have shares, so I will get my credits...goodie.

[BA GT-HO]

Straight into my offset homeloan account for when the crap really hits the fan.

[xy500]

its all going into bloody bond and letting fees for our next crappy rental... :

[bob^]

http://www.news.com.au/business/mone...-14327,00.html

The bonus is being challenged in the High Court.

[gthofan]

yep your right there! its not fair :( it wont be in the court till the end of the month. I wanted to buy leather damn it.... I reckon alot of people wont be very happy with this at all.

In short, "THE Federal Government's $900 bonus to 8.7 million taxpayers could be in jeopardy after the High Court agreed to hear a challenge to the legality of the pay-out."

[kenz]

That guy mustn't have any other hobbies....

[gtfpv]

we'll me never having been given a cent off any govt in the form of cash . ever ever . and i'm so called to rich . was never expecting anything , because i have always missed out , as i've always worked overtime .
so i guess it was good for me to never expect it . i've constantly seen many many many people better off financially than me getting handouts, that i have been dirty everytime i've missed it . in this instance i decided not to expect it . looks like i was right.

[Yellow_Festiva]

Originally Posted by kenz

That guy mustn't have any other hobbies....

He will be about as popular as a pedophile if he wins....

And it's not as if he can just change state either....

Although I'm a person of principal what he is doing is just suicide. :

[XRSIKS]

He's "Opposition" , isn't it their job to just be a pain in the *** and try and stop EVERYTHING that the current .gov does?

[ThePistonHead]

Originally Posted by bob^

http://www.news.com.au/business/mone...-14327,00.html

The bonus is being challenged in the High Court.

Lol, a bit late. They've started handing them out in Tasmania, I'm pretty sure.