Who HAS recieved their stimulus cabbage payment?

[Cam]

Originally Posted by SAHeapsGood

Is anyone elses cheques going to their accountant?

Why is that? I was worried the same would happen after them saying it'd go into the bank account you got your last tax return paid to?

But then seems to be CHQs? So it'd go to your postal address as per taxation department?

[Jason[98.EL]]

Originally Posted by Spanrz

Yeah, thats funny (HN).

Still haven't seen my payment yet, and i'm with Westpac.

Same here

must be busy though my wages are normally in by 6pm but that is not there yet either

Jason

[kyro_02]

got my package stimulated today

have not got the payment yet, don't expect it for 2 weeks.. hope I'm wrong

[Lukeyson]

haha kyro .. lol

[Taxman]

Any payments received prior to today have nothing to do with the so called "Stimulus Package".

To keep everyone up to date and on the same page, Below is a memo I sent to all my clients a month or so ago concerning the bonus payment (I am a Registered Tax Agent)

2009 TAX BONUS PAYMENTS

Are you entitled to receive the payment?

To receive the bonus payment you must satisfy ALL the following requirements
• You must be regarded as an Australian resident for tax purposes for the 2007-08 financial year.
• Your 2007-08 taxable income MUST not exceed $100,000.
• Your adjusted tax liability (Tax assessed plus Medicare Levy less Rebates) for 2007-08 is greater than Nil.
• You have lodged or will lodge your 2007-08 income tax return before 30 June 2009 unless you have been granted a deferral by the ATO prior to Wednesday 18 February 2009

How much will you be paid?

• $900 bonus will be paid if you have a taxable income up to and including $80,000
• $600 bonus will be paid if you have a taxable income exceeding $80,000 but not exceeding $90,000
• $250 bonus will be paid if you have a taxable income exceeding $90,000 but not exceeding $100,000

When will I receive the payment?

No 2008 tax return - no bonus payment.

You will not receive the payment until your 2007-08 income tax return has been lodged, and it must be lodged with the Australian Taxation Office by 30 June 2009 unless they have previously granted an extension. Exactly when you receive your payment will depend upon when your return was finalised.

The first round of payments is now expected to issue about mid April 2009. Those who have already had their returns assessed will be the first to receive their payments.

Will the tax bonus be used to offset any of my other tax debts?

The tax bonus payment will not be used to offset any other tax liability.

--------------------------------------------------------------------------

The ATO uses the Reserve Bank not Westpac like someone above claimed.

The ATO will be sending the cheques to the same address as advised on the 2008 tax return as the address for service of notice unless you have subsequently advised them of a change of address or of your bank account details. According to a press release today, some of the bonus payments will be in peoples bank accounts today and some will be in the mail tomorrow.

When one considers the number of individual payments involved, it will be impossible to issue all the payments and have them credited to bank accounts or cheques printed and delivered in one day. I would envisage that they will do them in several runs like the previous payments, possibly in order of lodgement of tax returns with those lodged in July the first to receive the payments with those still to lodge their returns being the last to receive the payment.

If you want a bit more information you can pm me.

[sgt_doofey]

From the ATO web site:

Originally Posted by ATO

The 7.4 million people who have already lodged their 2007-08 tax return will start receiving their payments from early April. First payments arrive in bank accounts on Wednesday 8 April 2009 and in letter boxes on Thursday 9 April 2009.

[SM1DY]

It said on the radio today that the money will be distributed over a 6 weeks period, so not to worry if you don't get the money immediately.

I'm still waiting though :

[Trek]

Yep, went to the ATO building and I was informed that they'll be giving the cabbage out up until May 16.

Not sure if that IS 100% true, but methinks it's about as close as I'll get to the truth from that mob

[ThePistonHead]

So if your Bank account was not provided when your tax return was lodged, the cabbage comes via cheque, correct?

Ie, got tax return via cheque = get cabbage on cheque.

[Windsor220]

Enough about cabbage already lol

[RG]

Originally Posted by ThePistonHead

So if your Bank account was not provided when your tax return was lodged, the cabbage comes via cheque, correct?

Ie, got tax return via cheque = get cabbage on cheque.

It depends, if you stated that you wanted your cabbage via a different means than your return you had to call a special cabbage hotline to let them know you wanted to receive your cabbage in a different way.

I received my return by cheque but I called the cabbage hotline so therefore my cabbage will go straight to my bank account.

[Kyl3]

You do realize there was a number set up for a limited time where you could change your bank details from your last return to enable the payment to go into your nominated account?

Cash ftw!! .....But it's hardly free money... It's a pretty reckless decision by the govt. to do it

[Riksta]

Originally Posted by SAHeapsGood

Is anyone elses cheques going to their accountant?

Anything I receive from the ATO goes through my Accountant. I dare say they'll just open it from the ATO, put it into one of their own envelopes and post it through to me.

Got me thinking though, I wonder if I call them and ask them to hold it when it comes in and I'll go collect it, might save a day on postage, get it into my account so it clears quicker (unless banks have been instructed to make funds available instantly, which I highly doubt).

With all these people getting all this stimulus cabbage, we're gonna be polluting the atmosphere a lot quicker than the government intended, bet they didn't think of that downside!!!

[BA Baracus]

They dangle a cabbage in front of your nose offering monies with no TOA.

[Riksta]

Wow, people look happy to have received their stimulus cabbage!!!







Here's where your cabbage will be coming from



And Guardian Of The Cabbage (this must be either K Rudd or W Swann)

[XD 351 Ute]

I got mine.



(Not really, just thought I'd jump on the cabbage bandwagon with a nice teapot..........)

Ed

[2002auxr6]

i received mine

[Trent083]

I haven't received mine yet, and I placed my tax return as soon as was allowed, hmmmmm

[4Vman]

Its been out 1 day and people are already querying its "slow" arrival.... geez some of you are impatient and greedy!!!!!

[mcflux]

Aww yeh. My bank balance jumped $900 this morning

[The Monty]

Originally Posted by XD 351 Ute

I got mine.



(Not really, just thought I'd jump on the cabbage bandwagon with a nice teapot..........)

Ed

Nice teapot ;)

[XR6_661]

Originally Posted by Trent083

I haven't received mine yet, and I placed my tax return as soon as was allowed, hmmmmm

Great first post on a car forum haha.

I don't have mine yet either. Not too fussed.

[Black F6]

Didnt get mine, but im sure i will be still able to eat today :

[Trent083]

Originally Posted by 4Vman

Its been out 1 day and people are already querying its "slow" arrival.... geez some of you are impatient and greedy!!!!!

A bit harsh mate, I only queried it because my return was in the first day it was allowed.

[Trent083]

Originally Posted by XR6_661

Great first post on a car forum haha.

I don't have mine yet either. Not too fussed.

Fair point, I havent posted anything else because im ashamed to say that I drive a dunnydore atm (was the cheapest thing I could find in my area)

[4Vman]

Originally Posted by Trent083

A bit harsh mate, I only queried it because my return was in the first day it was allowed.

Assuming you've already had your tax done i can't imagine when you lodged your tax return will have much bearing on when you'll get your govt loan of $900, oops i mean "stimulus" payment.
If you haven't got it after 6 weeks then you've got something to query.....

[3vXT]

are you trent from punchy???

http://www.youtube.com**removed**
(some naughty language)

EDIT: Just kidding mate. Welcome to ford forums

[4Vman]

Originally Posted by ken2903

are you trent from punchy???

[sgt_doofey]

Originally Posted by Trent083

Fair point, I havent posted anything else because im ashamed to say that I drive a dunnydore atm (was the cheapest thing I could find in my area)

Found it on the side of the road abandoned with the keys in it as the previous owner didn't want it anymore??

[Trent083]

Originally Posted by ken2903

are you trent from punchy???

http://www.youtube.com**Removed**
(some naughty language)

EDIT: Just kidding mate. Welcome to ford forums

As for the dunnydore, I was desperate for a car and didnt have a lot of time to look, checked out 4 or 5 yards and it was the best and cheapest I could find for the $$$