Question:
Am I eligible for the $900 stimulus package from kevin Rudd?
Alex .
2009-05-04 04:39:35 UTC
I'm a 15 year old person who does casual work. In the last financial year I earned around $2500, and i was meant to pay about $1100 in tax, because i didn't have a tax file number. However it got reduced to around 500 because of the low income payoffs. If I pay that $500, will i receive the stimulus package?
I did not claim any tax back, and only lodged my tax return now in hope of getting that $900 :)
Six answers:
Kiara
2009-05-05 16:59:16 UTC
Hi.

Unfortunately, I have a feeling you won't received it, as you earnt too little to be classed as independent from your parents. There are special considerations for those under 18 and from what I've gathered you must either be an excluded person or earn excluded monies to be eligible. Ask your parents if they counted you as a dependent on their last tax return, and if they did I don't think you will receive it.



I just found some useful info on the net though:

Persons under 18 will also be eligible for the payment provided they are an ‘excepted person’ (e.g. in full time employment) or are in receipt of ‘excepted assessable income’ (e.g. income from employment).

From looking on the ATO website

A minor is an excepted person if on 30 June 2008:



they were

working full-time, or had worked full-time for three months or more in 2007-08 (ignoring full-time work that was followed by full-time study)

intending to work full-time for most or all of 2008-09, and

not intending to study full-time in 2008-09.

they were entitled to a disability support pension or rehabilitation allowance, or someone was entitled to a carer allowance to care for them

they were permanently blind

they were disabled and were likely to suffer from that disability permanently or for an extended period

they were entitled to a double orphan pension and received little or no financial support from relatives, or

they were unable to work full-time because of a permanent mental or physical disability and received little or no financial support from relatives.

Ordinary rates of tax apply to all the income of an excepted person.



Excepted income includes:



employment income

taxable pensions or payments from Centrelink or the Department of Veterans’ Affairs

compensation, superannuation or pension fund benefits

income from a deceased person's estate

income from property transferred to the minor as a result of the death of another person or family breakdown, or income in the form of damages for an injury they suffer

income from their own business

income from a partnership in which they were an active partner

net capital gains from the disposal of any property or investments listed above, and

income from the investment of any of the amounts listed above.

Excepted net income – that is, excepted income minus deductions relating to that income – is taxed at ordinary rates. All other income of a minor who is not an excepted person will be taxed at higher rates.
anonymous
2016-04-08 12:05:28 UTC
No but you can always go to youtube and type "LOOSE CHANGE" and youll find out the whole truth about the twin towers do it you wont regret seeing it. It will open your eyes
mslenora
2009-05-08 02:12:32 UTC
I have recently been told that you only receive the bonus if you paid tax last financial year - meaning you paid tax and put in a tax return and received SOME of it back, if you received ALL of it back then you don't get the bonus.....this hasn't been confirmed, but I am sure if you go to the ato website you can do a questionaire and it will tell you. see the link below
Katty
2009-05-05 22:41:44 UTC
No you wont - When you submit your tax return any tax paid will be returned as you earned way to little - the $1100 is only if you do not provide a TFN - they have to tax you at the highest level, but you get all this back when you get a TFN.



The $900 is not for you.
madison
2009-05-04 17:29:55 UTC
I think you had to be working full time at the end of the last financial year.

I also think you need to be 18+ now to recieve the bonus.

Sorry hun.
anonymous
2009-05-04 04:46:57 UTC
i'm pretty sure there was a chance u could get it if u did your tax b4 a certain date, but i'm not sure of the date. call who ever did your tax & they will tell u


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