Do you know about the Schoolkids Bonus? It is a new cash payment to help eligible families and students with the costs of primary and secondary school studies. Around 1.2 million families have already benefitted from the first wave of payments in January 2013 – have you?
If you receive a family or income support payment, including Family Tax Benefit Part A, you could be eligible to receive $410 a year for each primary student and $820 a year for each secondary student, with half paid in January and half paid in July.
The Schoolkids Bonus replaces the Education Tax Refund (ETR) and is a much simpler system. You no longer need to collect receipts and payments are made automatically so you don’t have to wait months to make a claim. The best bit is you can choose how to support your kids education – whether it be school books, or one of the other many expenses we need to find money for.
Have Fun Kids
Virginia is a busy working mother to two energetic school-aged children. With the help of her supportive husband, Virginia successfully juggles the dual roles of career woman and loving mother. Virginia is particularly passionate about health and fitness, and is always looking for new ways to keep her children happy, healthy and active. Virginia lives in Sydney and is a veteran blogger of almost 5 years.