Other Stimulus Package Bonuses To Be Paid
Other bonus payments that have been announced as part of the Government’s $42b Stimulus Package are outlined below, and are dependent on being entitled to Family Tax Benefit Part A or Part B.
A) Single Income Family Bonus
A tax free cash bonus of $900 will be paid to families who are entitled to Family Tax Benefit Part B as at 3 February 2009, without any regard to the age of the children.
If two people share the entitlement to the Family Tax Benefit Part B payments, then this tax free cash bonus will similarly be shared on the same basis.
B) Back to School Bonus
For families that are entitled to Family Tax Benefit Part A as at 3 February 2009, a tax free cash bonus of $950 will be available for each child that is between the ages of four (4) to eighteen (18).
This bonus payment will also be available to persons whom receive the disability support pension or carer payment as at 3 February 2009 where the recipient is aged less than nineteen (19) in that date.