ok - more posts from when i initially opened it! so i'll elaborate
FTBB payment for single income family - if you get FTBB in installments, the $900 will go in your bank either with your next payment, or if you're due to get paid today or tomorrow, it SHOULD go in on Wednesday this week
the under $80k payments - for these, you have to have lodged your 07/08 tax return and they will be administered by the ATO - if they have your bank details, it will be sent to your bank, if not, it will be sent to the address on file - so if you're not sure that is up to date, you'll need to ring them. we get our tax done through an accountant, so ours will be sent to accountant and forwarded to us unless we update (which we're not going to - i like the accountant handling that crap!). my understanding is that you have to have PAID TAX in that financial year, so if you did a tax return but got all tax you paid returned to you, then you don't qualify
these payments are COMPLETELY INDEPENDENT of the "$600 end of financial year payment" that someone mentioned - i will clairify that telling EITHER ATO or FAO that you have zero income for the financial year does not notify the other department! the ONLY information that is transferred ATO to FAO is ACTUAL tax return details - notifying ATO or FAO you won't be lodging does not tell the oppositive department
Bookmarks