Want to get your Australian Government tax bonus payment faster?
The Australian Government has announced one-off payments to eligible taxpayers (please contact the ATO if you have any questions regarding your eligibility). You do not need to apply for the bonus, these payments will commence in April 2009. The Tax Office will automatically determine whether you are eligible for the tax bonus and will calculate the amount based on your 2007-08 income tax return.
Your bonus payment will be credited to the same bank account you nominated to receive your 2007/08 payment. The description in NetBank will be 'ATO TAX BONUS'.
If the ATO does not have your bank account details you will be sent a cheque in the post.
To ensure you receive your bonus in the quickest and safest manner and avoid a trip to the Bank, we encourage you to ensure the ATO has a record of your current bank account details by 15 March.
If you did not lodge account details with your 2007/08 tax return, or your account details have changed, please contact the ATO on 1300 686 636 to update your details. Hurry, to ensure the ATO has your details for the April bonus payment.
To update your details you must have the following ready:
- Tax file number
- Date of birth
- Postcode held by the Tax Office (either your residential or postal)
- BSB and Account Number
Please contact the ATO (www.ato.gov.au or 13 28 61) for any enquiries regarding eligibility, payment dates etc.