Highlights:
Education Tax Refund expense threshhold has increased in 2010 to 50% claim of $780 (primary schoold) and $1558 (Secondary school).
Excess Education Tax Refund expenses from 2009 can be rolled over to 2010
For a summary of eligible expenses see this post ==> 2010 Education Tax Refund Eligible Expenses
You may be eligible for the education [...]
Details on who can claim ==> Education ax Refund 2010
The following are eligible education expenses if they relate directly to the education of the student for whom you are claiming the Education Tax Refund:
laptops, home computers, repair and associated running costs
computer-related equipment, such as printers, USB flash drives, as well as disability aids to [...]
What is Child Care Benefit?
Child Care Benefit is a payment from the Australian Government that helps you with the cost of your child care.
Who can get Child Care Benefit?
You can get Child Care Benefit if you are a parent, foster parent or grandparent with a child in your care who is attending child care services [...]
From January 2010, you may no longer receive your Family Tax Benefit on a fortnightly basis if you and/or your partner do not lodge your income tax return or advise the Family Assistance Office you are not required to do so within the required time frame.
Although you may remain eligible for Family Tax Benefit, the [...]
You can also check this post ==> Paid Parental Leave commencing 1 January 2011
You can also check this post ==> How much is the new Paid Parental Leave payment?
You can also check this post ==> Paid Parental Leave and Employer Provided Maternatiy Leave
You can also check this post ==> Paid Parental Leave and Baby Bonus
In [...]
The Rudd Government’s paid parental leave scheme starts on 1 January next year – exactly nine months from 1 April 2010.
Couples who conceive on or after 1 April 2010 may be eligible for payments under Australia’s first paid parental leave scheme – if their baby is born on or after 1 January.
The scheme will provide [...]
Deeming rates increased on 20 March 2010:
As the economy recovers from the global economic crisis, rates of return on investments are also beginning to increase.
As a result, the deeming rates, which are used to assess income from a range of financial investments held by pensioners and other income support recipients, will also increase on 20 [...]
On 23 March 2010 the Queensland government introduced a bill limiting access to the First Home owners Grant to properties worth less than $750,000.
The Courier Mail said “While they did not vote against the Bill, several LNP MPs criticised the decision during the debate saying it was essentially an unfair tax on success.”
On 23 March 2010 the Queensland government introduced a bill limiting access to the First Home owners Grant to properties worth less than $750,000.
The Courier Mail said “While they did not vote against the Bill, several LNP MPs criticised the decision during the debate saying it was essentially an unfair tax on success.”
For some time the Pensioner Bonus Scheme has rewarded Australians eligible for the age pension with a lump sum bonus for continuing to work after their relevant pension age.
The 2009 Budget closed the Pensioner Bonus Scheme to new entrants from 20 September 2009. The Labour government believes the vast majority of participants would have continued [...]
