High Court says "yes" to Tax Bonus Payment

Following the High Court’s decision, the Tax Office today said 7.4 million people who have already lodged their 2007-08 tax return will begin receiving their tax bonus payments from next week.

Tax Commissioner Michael D’Ascenzo said if people have lodged their 2007-08 tax return and meet the eligibility criteria they don’t need to do anything else to receive the payment.
“We will be progressively sending payments to the address or bank account people nominated as their preference in their 2007-08 tax return – unless they updated those details since then,” Mr D’Ascenzo.

“Eligible people who have received their 2007-08 notice of assessment before 27 March 2009 can expect to receive their payment between next week and 16 May 2009.

“Those who received their notice of assessment after 27 March 2009 can expect their tax bonus payment around four weeks after they received their notice of assessment.

“Please be patient if you don’t receive the payment immediately.

“We are working closely with Australia Post and the Reserve Bank to distribute around 7.4 million payments over the next six weeks.

“Due to the large number of payments we ask that people don’t call us about the progress of individual payments while we are still distributing them.

“However our call centres will be open seven days a week from the 16 May 2009 to resolve any tax bonus payment issues.”

It is not too late for people whose returns are still outstanding, but they must lodge by 30 June 2009 to be eligible unless they’ve already have an extension.

Taxpayers who have not yet lodged their 2008 tax return can use our online tax return preparation service "My Online Tax" and obtain all the benefits of doing it yourself and obtaining professional support.

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David Maynard

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