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Getting the tax bonus to you PDF Print E-mail
Written by Administrator   
Tuesday, 03 February 2009 07:08

Tax Commissioner Michael D’Ascenzo today announced that work is underway to ensure the Tax Office can start paying the Australian Government’s tax bonus from early April 2009.

“At this stage we believe most eligible people won’t have to do anything to receive the proposed payment,” Mr D’Ascenzo said.

“By using information in people’s 2007-08 tax return we will work out who is eligible and the best way to get the payment to them.

“Most people have already lodged their 2007-08 return with us, but if you haven’t, don’t leave it any longer.”

The proposed tax bonus will only be paid to those who have their 2007-08 return in by 30 June 2009.

“Of course, the arrangements we are putting in place to make the tax bonus payments are contingent on the supporting legislation passing through Parliament,” Mr D’Ascenzo said.

If you've done your tax, the bonus should be on its way from April (pending legislation being passed) if not bring your tax in to us asap!

Call Helen on 08 8227 1388 to make an appointment.

Last Updated on Tuesday, 03 February 2009 07:13
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PAYG cuts a Joke! PDF Print E-mail
Written by Administrator   
Thursday, 22 January 2009 05:37

Recently the Government announced 'PAYG cut to aid small business'

The logic is that the ATO calculate a quarterly amount for small business to remit to cover their likley year end tax bill. 

Many small business rely on the ATO calculated amount and hence they estimate that this cut will have a benefit to many small business.

Closer analysis show the whole thing to be a farse..

Last Updated on Thursday, 22 January 2009 05:46
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Education tax refund about to start PDF Print E-mail
Written by Administrator   
Friday, 04 July 2008 03:06

The treasurer says parents across Australia should keep their receipts for education expenses from 1 July 2008 to make the most of the benefits available under the government's Education Tax Refund.

Mr Swan said that, by keeping their receipts, eligible families will be able to claim a 50 per cent refund every year for key education expenses up to:

  • $750 for each child undertaking primary studies (maximum refund of $375 per child, per year)

  • $1,500 for each child undertaking secondary studies (maximum refund of $750 per child, per year)

 
Money for Jam PDF Print E-mail
Written by Pat   
Monday, 27 October 2008 03:46

Put $1000 into super by 30 June and get $1500 by utilising the governments super co-contribution, a new scheme to get people saving more into their super! 

It’s that time of year again!  The government will contribute up to $1.50 for every $1.00 of personal super contributions (maximum government contribution is $1500!).

Last Updated on Friday, 16 January 2009 01:04
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Phone 08 8227 1388

215 Angas Street

Adelaide SA 5000