Posted by: benkaiser | April 8, 2009

Tax bonus payments to begin this week

The Australian Taxation Office (ATO) has announced that tax bonus payments will begin to be delivered to eligible tax payers this week.

The tax bonus payments, which are part of the government’s economic stimulus package, will be paid to eligible tax payers who lodged their 2007/08 income tax returns before the end of March 2009.

The payments will be distributed over the next six weeks. The ATO will also write to people to provide advice regarding the timing of the payments. The payments and written notifications will be made progressively to ensure an even distribution of mail across the country each working day. This means people in the same neighbourhood or even in the same household may receive their payment at different times.

Eligible tax payers who lodge their tax return after the end of March can expect their tax bonus as a separate payment around 4 weeks after receipt of their refund or notice of assessment.
If you are unsure whether you are eligible to receive a tax bonus payment or have yet to lodge your 2007/08 tax return, contact Davenports on (03) 9510 7600 or by emailing info@davenports.biz.


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