thread: the federal budget cash injections...

  1. #19
    Registered User

    Dec 2008
    Brisbane, QLD
    5,171

    Thanks Trillian

  2. #20
    Registered User

    Aug 2005
    Melbourne, Victoria
    1,635

    Is the change to the education tax rebate into a cash payment per school child to replace the amount I would claim on the 2011-2012 tax return, or will it be after July 1 for the 2012-2013 tax return?

  3. #21
    Registered User

    Oct 2008
    Newport, VIC
    1,885

    Is the change to the education tax rebate into a cash payment per school child to replace the amount I would claim on the 2011-2012 tax return, or will it be after July 1 for the 2012-2013 tax return?
    It replaces anything you would claim on your 2011-2012 tax return.

  4. #22
    Registered User

    Mar 2006
    4,542

    Why can't all families get it We only just miss out but would also benefit from it too

  5. #23
    Registered User

    Oct 2008
    Newport, VIC
    1,885

    Why can't all families get it We only just miss out but would also benefit from it too
    Unfortunately the cut off has to be somewhere - if all families were to get the payments the cost to the taxpayer would likely quadruple and that is just not sustainable.

  6. #24
    Registered User

    Mar 2006
    4,542

    I know but it's just so frustrating that we are struggling exactly the same as everyone else but can never get any of these

  7. #25
    Registered User

    Jun 2007
    Dandenong Ranges, Melbourne.
    5,673

    what is the cut off? how do you know if you get it or not?

  8. #26
    Registered User

    Dec 2005
    In Bankworld with Barbara
    14,222

    LIviam, I understand your frustration about it, but this was only ever a payment that was designed to help with the costs of sending kids to school. It's not a new payment, just a simplified delivery of a payment that has been around for a few years already. The media have made it sound like this shiney new cash payment for families, when the reality is quite different.

    Ginger, the Schoolkids one is just for children already attending school. The other ones are connected to FTB payments.

  9. #27
    Registered User

    Oct 2008
    Newport, VIC
    1,885

    The SchoolKids Bonus is means tested. You are eligible if you receive FTB A.

  10. #28
    Registered User

    Jun 2007
    Dandenong Ranges, Melbourne.
    5,673

    so if your child goes to school in 2013 will you get it?

  11. #29
    Registered User

    Dec 2005
    In Bankworld with Barbara
    14,222

    Yeah, you will next year G

  12. #30
    Registered User

    Apr 2006
    Perth
    4,203

    I know but it's just so frustrating that we are struggling exactly the same as everyone else but can never get any of these
    I agree with you lovely. We are on the borderline of whether we get it or not - all depends on what the Aus $ does, which dictates how much DH earns. Funnily enough, that borderline extra of a $1,000 or so per annum doesn't seem to make life much easier!!

    I appreciate that there must be a line drawn somewhere, but given the cost of housing, utilities, food etc - ie the things that you can't just say hey, we'll not "do" that this month - are so high, the cut off income really doesn't seem high enough.

    N2L's point about medicare, IVF etc is also so valid. How are "normal" people supposed to manage. Bloody unfair enough if you have to go down that road, without being penalised even further financially than you are already.

    And yet a couple buying their first house that is costing them in excess of $1 million are entitled to the first home owner's grant. Definitely not right.

    Sorry - bit OT but woke up on my soap box this morning. Will crawl away now . . .

  13. #31
    Registered User

    Jun 2007
    Dandenong Ranges, Melbourne.
    5,673

    i thought the first home owners was not available on properties over 500k?

  14. #32
    Registered User

    Apr 2006
    Perth
    4,203

    Pretty sure there's no cut off in WA - it certainly was available on any property price, but if they've changed it I guess I'll have to go and crawl into my soapbox on that one

  15. #33
    Registered User

    Mar 2006
    4,542

    Like you could really crawl away at nearly 38 weeks hun !!!!

  16. #34
    Registered User

    Apr 2006
    Perth
    4,203

    You're not implying that I'm not full of athleticism and grace are you?????

  17. #35
    Registered User

    Aug 2008
    Ouiinslano
    5,303


    Increase to FTB A
    - families will receive an increase of up to $600 a year in their Family Tax Benefit Part A payments from 1 July 2013
    - Families receiving the maximum rate or part of the maximum rate of FTB Part A with two or more children will receive an extra $600 a year, or an extra $300 a year if they have one child.
    - Families receiving the base rate of FTB Part A with two or more children will receive an extra $200 a year, or an extra $100 a year if they have one child.
    Did I hear right, though, that this was happening from July 2013? Or was that something else? Badass brain fog right here.

  18. #36
    Registered User

    Dec 2006
    In my own private paradise
    15,272

    Lot of the changes won't be coming in until 2013.

    Sorry Fiona I hasn't been to work since budget night so hadnt read about the supplements.

    In answer to the earlier q, if you qualify for ftba and b you will get both clean energy advances. Ftba actually has abOut half a dozen different "levels" of payment depending on child age and parental income. The max amount is about 111 for a child over 13 with low income parents.

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