Prime Minister K-Rudd 737's $900 - Toyota Yaris Forums

runaway · 03-28-2009, 12:31 AM

what you guys doin with it?

Gonna finally get me some new springs, exhaust and sway bar

lunjiaow · 03-28-2009, 04:05 AM

he will be buying me either a new set of rims or coilovers.

GrayFox · 03-29-2009, 12:56 AM

straight onto my savings. (for now) :P

harveyjai · 03-29-2009, 10:46 AM

Reserve it for my Rego in May.
The money thats left over, will be for track day in 2 weeks.

jinxor · 03-29-2009, 06:15 PM

Same here... Rego time in May...

djgab101 · 03-29-2009, 10:42 PM

i dont get it ........... i not entitled to get it!!!!

spookz · 03-29-2009, 10:56 PM

Same here! =(

You're only entitled to it if you meet the following two conditions:
1. earn less than $100,000 AUD per financial year.

2. in your 07-08 notice of assessment document, you have to fit the following equation:
A + O - G is greater then $0 (i.e. you actually paid tax, even if it was $0.01)

A = tax on taxable income
O = medicare levy
G = tax offsets and other credits

I think the Govt's stimulus system is flawed..

jinxor · 03-29-2009, 11:33 PM

damnit i paid like 6k tax.... after claiming back

ruimond · 03-29-2009, 11:57 PM

Using it to pay part of my order of side skirts and spoiler

runaway · 03-30-2009, 12:48 AM

hmmm...now im not sure if im applicable

coz i dont earn enough to pay tax i dont think...i lodged a tax return thou. Only a student working part time.

jinxor · 03-30-2009, 12:55 AM

did you even end up paying like 1 cent tax... like your total tax was 1000 and you claimed 999?

spookz · 03-30-2009, 01:51 AM

Yeah if you lodged a tax return form, and got ALL your tax back, you don't qualify because your A + O - G would be 0. But if you didn't pay tax, I don't think you'd have a 'O' on your notice of assessment (medicare levy)..

runaway · 03-30-2009, 02:13 AM

i dunno how much tax it was, dad did all the paper work for me, but i got $425.59 back from the return.

spookz · 03-30-2009, 05:01 AM

Oh ok, just grab your Notice of Assessment document that you got back from doing your tax return, look at the 'A', 'O' and 'G' values and see if when you pop them into the equation, if you get a value greater then 0 or not. Then you'd know if you're getting the $900 tax bonus. =)

*MAD DOG* · 03-30-2009, 06:52 AM

We have bought new house furniture for our new house on finance, when the $900 each comes in $1,800 total we'll pay the new furniture off. Yes it was interest free finance.

harveyjai · 03-30-2009, 02:02 PM

just common sense guys, if u dun pay tax, why would u be recieving the benefits? We work, pay tax, recieve benefits...simple..

rob323 · 03-30-2009, 06:15 PM

Mine and my wife's will be going towards the purchase of some Velo seats (Aussie owned so injecting it straight back into the economy) for the car.

spookz · 03-30-2009, 07:31 PM

Quote:

Originally Posted by harveyjai

just common sense guys, if u dun pay tax, why would u be recieving the benefits? We work, pay tax, recieve benefits...simple..

What about all the people who sit at home collecting Centrelink payments.. they received $950..

03-28-2009, 12:31 AM	#1
runaway Drives: Yaris YRS Sedan Join Date: Dec 2008 Location: Australia Posts: 17	Prime Minister K-Rudd 737's $900 what you guys doin with it? Gonna finally get me some new springs, exhaust and sway bar

03-29-2009, 12:56 AM	#3
GrayFox Drives: 2009 5 Door YRS Join Date: Feb 2009 Location: Australia Posts: 26	straight onto my savings. (for now) :P __________________

03-29-2009, 10:42 PM	#6
djgab101 Drives: toyota yaris Join Date: Jan 2007 Location: australia Posts: 247	i dont get it ........... i not entitled to get it!!!! __________________

03-29-2009, 10:56 PM	#7
spookz JDM yO! View User's Garage Drives: '09 3dr. 5-spd Join Date: Oct 2008 Location: Sydney, Australia Posts: 331	Same here! =( You're only entitled to it if you meet the following two conditions: 1. earn less than $100,000 AUD per financial year. 2. in your 07-08 notice of assessment document, you have to fit the following equation: A + O - G is greater then $0 (i.e. you actually paid tax, even if it was $0.01) A = tax on taxable income O = medicare levy G = tax offsets and other credits I think the Govt's stimulus system is flawed.. __________________ .

03-29-2009, 11:57 PM	#9
ruimond Drives: Yaris YR Join Date: Oct 2008 Location: Perth, Australia Posts: 515	Using it to pay part of my order of side skirts and spoiler __________________ Mods: 17x7 ANZ Tazer Wheels with 215/40/17 Marangoni Tyres \| AFE Air Intake System \| NST Short Shifter Kit \| NST Shifter Cable Bushing Kit \| NST 10% Underdrive Crank Pulley \| Pedders Sports Springs \| Custom 2inch Cat-Back Walker Muffler with 2.5inch Xforce Twin Stainless Steel Tip \| RS Side Skirts \| RS Euro Spoiler \| YRX Front Lip Spoiler \| TRD Style Front Grill \| 12mm Rear Hub Spacers \| Ultra Racing 23mm Rear Sway Bar

03-28-2009, 04:05 AM	#2
lunjiaow Drives: Yaris Join Date: Nov 2008 Location: Perth, Australia. Posts: 189	he will be buying me either a new set of rims or coilovers.

03-29-2009, 10:46 AM	#4
harveyjai Touge Driver View User's Garage Drives: Yaris YRX Join Date: Oct 2008 Location: Sydney, Australia Posts: 82	Reserve it for my Rego in May. The money thats left over, will be for track day in 2 weeks.

03-30-2009, 12:48 AM	#10
runaway Drives: Yaris YRS Sedan Join Date: Dec 2008 Location: Australia Posts: 17	hmmm...now im not sure if im applicable coz i dont earn enough to pay tax i dont think...i lodged a tax return thou. Only a student working part time.

03-30-2009, 01:51 AM	#12
spookz JDM yO! View User's Garage Drives: '09 3dr. 5-spd Join Date: Oct 2008 Location: Sydney, Australia Posts: 331	Yeah if you lodged a tax return form, and got ALL your tax back, you don't qualify because your A + O - G would be 0. But if you didn't pay tax, I don't think you'd have a 'O' on your notice of assessment (medicare levy).. __________________ .

03-30-2009, 02:13 AM	#13
runaway Drives: Yaris YRS Sedan Join Date: Dec 2008 Location: Australia Posts: 17	i dunno how much tax it was, dad did all the paper work for me, but i got $425.59 back from the return.

03-30-2009, 05:01 AM	#14
spookz JDM yO! View User's Garage Drives: '09 3dr. 5-spd Join Date: Oct 2008 Location: Sydney, Australia Posts: 331	Oh ok, just grab your Notice of Assessment document that you got back from doing your tax return, look at the 'A', 'O' and 'G' values and see if when you pop them into the equation, if you get a value greater then 0 or not. Then you'd know if you're getting the $900 tax bonus. =) __________________ .

03-30-2009, 06:52 AM	#15
MAD DOG Drives: 2011 Toyota Camry Hybrid Join Date: Oct 2008 Location: Victoria, Australia Posts: 6,412	We have bought new house furniture for our new house on finance, when the $900 each comes in $1,800 total we'll pay the new furniture off. Yes it was interest free finance. __________________ "Manual labour is not for me. In fact i'm not even sure non manual work is either." -Anthony Linton Check out ▬▬► I like I like ◄▬▬ for more fun on Facebook

03-30-2009, 02:02 PM	#16
harveyjai Touge Driver View User's Garage Drives: Yaris YRX Join Date: Oct 2008 Location: Sydney, Australia Posts: 82	just common sense guys, if u dun pay tax, why would u be recieving the benefits? We work, pay tax, recieve benefits...simple..

03-30-2009, 06:15 PM	#17
rob323 Don't drive it, RALLY it! Drives: 1999 echo PRC rally car Join Date: Oct 2008 Location: Joyner, Brisbane Posts: 321	Mine and my wife's will be going towards the purchase of some Velo seats (Aussie owned so injecting it straight back into the economy) for the car.