Education

February 12, 2013

The Education Tax Refund has been abolished from 1 July 2012.  Instead families who qualify for Family Tax Benefit Part A will receive the new Schoolkids Bonus of $410 for each child in primary school and $820 for each child in high school, without the need to keep receipts.  The bonus will be paid in two equal instalments in January and July each year.

As part of the transition to the new Schoolkids Bonus, the Education Tax Refund for 2011/12 was paid as a lump sum in June 2012.  All eligible families should have automatically received the maximum Education Tax Refund entitlement for 2011/12 in their bank account in June 2012, without having to claim through their tax return.