Newspaper article Fraser Coast Chronicle (Hervey Bay, Australia)

Payment Is a Real Bonus

Newspaper article Fraser Coast Chronicle (Hervey Bay, Australia)

Payment Is a Real Bonus

Article excerpt

THE Schoolkids Bonus helps eligible families with education costs.

Itas automatically paid in January and July every year.

There is no need to make a claim. Unlike the Education Tax Refund, you do not need to claim the Schoolkids Bonus and you will not need to keep receipts for education expenses.

Eligible families will receive:

Two instalments of $205 for each child in primary school a a total of $410 each year

Two instalments of $410 for each child in secondary school a a total of $820 each year.

If you share the care of your child with another person, you will receive a percentage of this payment.

This will be based on the percentage of Family Tax Benefit you receive for the child.

Eligibility for Schoolkids Bonus

To be eligible for the Schoolkids Bonus, you must either be a parent or carer who gets Family Tax Benefit Part A for a dependent child who is:

Under 16 years of age and in primary or full-time secondary education

16 to 18 years of age and in full-time secondary study, or exempt from full-time study, or

turning 19 years of age in the calendar year and in full-time secondary study, or exempt from full-time study. …

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